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NCAB Group Reports Lower Q3 Sales

Published: 05 November 2024
 by Mike Buetow

STOCKHOLM -- NCAB Group reported third quarter sales of SEK898 million ($83.8 million), down 10.6% from a year ago.

Revenue was SEK 899 million, down 10% versus SEK1.03 billion a year ago.

Net income for the printed circuit board supplier was SEK50.2 million, down by more than half of the SEK110.4 million reported a year ago.

For the nine months, sales were SEK2.78 billion, versus SEK3.21 billion a year ago. Revenue slipped to SEK2.79 billion from SEK3.24 billion. Net income fell to SEK213.4 million from to SEK336.5 million.

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