Martela - Partner in the development of work and learning environments

Here are Thomas’s comments on Martela selling its moving services business. :slight_smile:

Martela announced on Monday that it is selling its moving services business to Niemi Services. Following the arrangement, the company lowered its revenue guidance for the current year but kept its earnings guidance unchanged. We consider this strategic move quite logical for the company, as it sharpens the focus on core business and provides relief to a very tight balance sheet position. We will update our forecasts once the business transaction is completed, estimated at the beginning of June.

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