Strong Organic Growth & Robust Customer Pipeline
Foxway Publishes Interim Report Q2 2024 PRESS RELEASE August 29th, 2024 In the second quarter of 2024, Foxway continued to effectively supply its growing number of customers across Europe with circular tech services. Foxway’s group revenues grew organically by 20% compared to the same quarter last year to SEK 2,036 million, despite challenging market conditions. The operational EBITDA was SEK 61.8 million in Q2 (margin of 2.9%), a result which is expected to improve in the coming quarters due to a strong customer pipeline and a reduced cost base.The Recommerce Mobile business