Solteq’s Q1 results were slightly weaker than expected and revenue declined slightly y/y in comparable terms. Revenue was at EUR 13.6m (Evli EUR 14.2m) and adj. EBIT at EUR -0.2m (Evli EUR 0.2m). Solteq announced the initiation of a cost savings program concerning parts of the Retail & Commerce segment.

https://www.evli.com/hubfs/ERP/Raportit/Solteq/Solteq%20240430%20Q1%20Earnings%20flash.pdf

Evli