Strax Q4 2023: Inventory write-off and weak sales. The restructuring continues.
Research Note
2024-02-28
07:11
Strax continues to focus on reducing its debt and restructuring its operation. This quarter, the company had to implement inventory write-downs, impacting the gross profit and subsequently leading to a decrease in EBIT. Additionally, sales fell below our initial estimates.
Fredrik Reuterhäll
Oskar Vilhelmsson
Disclosures and disclaimers