Thu 01/05/2023 06:23 AM
Sweden-based mattress producer Hilding Anders’ core earnings bounced back in November as sales recovered after the
cyberattack the group faced the previous month. Free cash flow turned positive, however the Russian Askona business continued to struggle and required further funding to shore up liquidity, sources said.
Hilding’s core European and Asian business generated €54.2 million of sales in November, which was short of the €57 million budgeted and the €57.1 million the group generated...
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