Inside information, profit warning: Sitowise lowers its full year net sales and adjusted EBITA margin (%) guidance, and provides preliminary key figures for the second quarter
Sitowise Group Plc Stock Exchange Release 31 July 2024 at 19.15 (EEST) Sitowise revises its full year net sales and adjusted EBITA margin (%) guidance downward due to a significantly weaker than anticipated second quarter performance and rest of the year outlook in its Sweden business area, as well as a delay in the recovery in construction market activity in Finland and Sweden. New guidance: Sitowise Group’s net sales is expected to decline in 2024, driven by the Buildings business decline and weakened growth outlook in Sweden for the second half of the year. In year 2024, the