Well done:
A rookie-like quarter!
Sales and earnings took a proper hit, and profitability didn’t exactly cheer up. Profit shrank and the margin continued its decline, meaning the situation doesn’t look very bright.
Management, of course, talks about AI and large order books, but the numbers currently tell a rather quiet and somewhat worrying story.
https://x.com/earnings_guy/status/1985815748581712032
