ABAX Group AS Q2 Interim Report 2024: Steady growth amidst economic challenges
ABAX Group AS, a European leader in telematics and Smart Mobility, today announced its financial results for the second quarter. The company reported revenue of 205.7 million NOK, a 1% increase from 203.2 million NOK in the same period last year, reflecting resilience amidst ongoing macroeconomic challenges.Key Financial Highlights: · Total Revenue: 205.7 million NOK, up from 203.2 million NOK, with a year-over-year growth of 1%. · Revenue Growth Outside Sweden: Strong performance with a 7% increase year-over-year, despite Sweden's market being impacted by macroeconomic headwinds,
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