Safello publishes reversed profit warning after significantly increased EBITDA and operating profit
Stockholm, 17 April 2024 | Today, Safello Group AB (“Safello”) publishes a reversed profit warning after a preliminary positive EBITDA for Q1 2024 of SEK 4.7 million, representing an increase of 224 percent compared to Q1 2023 and 4500 percent compared to Q4 2023 respectively, and a preliminary operating profit of SEK 4.7 million, representing an increase of 58 percent compared to Q1 2023 and 103 percent compared to Q4 2023 respectively. The company chooses to publish this preliminary result due to this strong increase in EBITDA and operating profit during the first quarter of 2024.