Duell: Profit warning leads focus increasingly on balance sheet - SEB
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Duell: Profit warning leads focus increasingly on balance sheet - SEB

Duell announced today a negative profit warning due to weakened market conditions. The company now guides for FX adj. sales in FY25 to be flat or decline y/y, and adj. EBITA to decline y/y. We had expected 10% EBITA growth in FY25. Following the profit warning, Duell needs to be succesful with inventory management to avoid problems with balance sheet and risks have clearly increased.

Duell announced today a negative profit warning due to weakened market conditions. The company now guides for FX adj. sales in FY25 to be flat or decline y/y, and adj. EBITA to decline y/y. We had expected 10% EBITA growth in FY25. Following the profit warning, Duell needs to be succesful with inventory management to avoid problems with balance sheet and risks have clearly increased.
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