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BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025
Globenewswireยท 2025-08-04 06:00
P R E S S R E L E A S E Stockholm, August 4, 2025 BTS Group AB (publ) announces earnings update for the second quarter and lowered outlook for 2025 The deviation in profit stems entirely from BTS North America, which is experiencing negative revenue growth, mainly due to inefficient go-to-market and sales operations. Additionally, the current unfavorable USD exchange rate as well as severance and other one-time costs in the quarter have contributed to the reduced results. A program to get back to growth of ...