Sp Group Q3 Report 2023
Highlights
- In first 9M 2023, revenue fell by 2.7% to DKK 1,953.2m
- In first 9M 2023, revenue from own brands fell by 16.0% to DKK 455.2m
- In first 9M 2023, EBITDA fell by 8.6% to DKK 323.9m
- In first 9M 2023, the EBITDA margin fell by 1.1 percentage points to 16.6%
Outlook
- The global economy is still fragile and marked by political and economic uncertainty
- No growth in Europe