Kährs BondCo AB (Malmö, Sweden) recently posted their 2025 third quarter earnings, citing SEK 460 million ($48.2 million) in sales, a 14% decrease year-over-year. “Organic change adjusted for currency” came out to a decrease of 4% in sales.
The loss for the quarter was SEK -31 million (TK USD).
Kahrs President and CEO Johan Magnusson reported that “the company remains strong, although the market is challenging, by growing in retail in Europe and with our direct distribution model in the U.S.” It also reported, “At the same time, the project market for new construction continues to be weak, especially in the Nordic countries and the U.S.”
The full report can be viewed here.
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