Earnings upgrade - MindArk's net sales and profit after financial items increase significantly in Q4 2023
MindArk PE AB (publ) ("MindArk" or the "Company") expects to report results for the fourth quarter of 2023 that are higher than current market expectations. The Company estimates that net sales for the fourth quarter of 2023 will amount to approximately 45-47 MSEK. This represents an increase of approximately 55-61 percent compared to the same period last year. Operating profit for Q4 2023 is estimated to amount to approximately 25-27 MSEK, which corresponds to an increase of approximately 140-160 percent compared to the same period last year. Profit after financial items is estimated at