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Press release

Redeye: Doro - A solid and stable finish to 2024

Doro

Doro delivered another report with solid gross and operating margins. However, continued issues in delivering the new Leva feature phones kept sales under pressure, leading to a 9% decline and bringing total sales down to SEK263m. A strong gross margin helped lift the operating margin to 15.4% despite the sales decline. The current bid from Xplora of SEK34 still in play.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Doro - A solid and stable finish to 2024

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