Interim report January – June 2024
GARO Electrification reports a stable quarter while GARO E-mobility continues to face challenging market conditions APRIL – JUNE 2024 · Net sales amounted to MSEK 306.3 (386.0). · Net sales declined 21% (+10). · EBIT amounted to MSEK -4.3 (18.2). · EBIT margin amounted to -1.4% (4.7). · Net income was MSEK -8.9 (20.1). · Loss per share amounted to SEK -0.18 (earnings: 0.40). JANUARY – JUNE 2024 · Net sales amounted to MSEK 598.8 (756.3). · Net sales declined 21% (+3). · EBIT amounted to MSEK -10.9 (45.9). · EBIT margin amounted to -1.8% (6.1). ·