ORGANOCLICK AB (PUBL) PUBLISH INTERIM REPORT FOR Q1 2024
For the second year in a row, we show a positive operating profit for the first quarter. This despite weak construction and consumer markets that resulted in a negative sales development of -12% to MSEK 38.2 (43.5). Thanks to a positive change in product mix and good sales of our own consumer brands, the Group’s gross margin strengthened to 29 (26) %. This, in combination with sound cost control, resulted in a slightly improved operating profit of MSEK 0.2 (0.1).Translation from CEO Mårten Hellbergs comments to the Interim Report. Q1, 1 January - 31 March 2024 The Group compared with