Swedish property group SBB said on Tuesday that its pre-tax loss narrowed in the fourth quarter and it expected to find it easier to reduce its debt pile this year. Large debts with.
Swedish electric-vehicle maker
Polestar Automotive will delay the publication of its
fourth-quarter and full-year 2023 financial results for a second
time, a spokesperson for the company said on.
EV Maker Polestar to Delay Fourth-Quarter Results for a Second Time usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Polestar did not provide a date for the release but said it still intends to publish first-quarter financial results on May 23. The delay is partly because the company needs more time to finalize its financial statements over accounting misstatements in 2021 and 2022 that will be rectified in the 2023 report. Polestar also requires more time to complete work related to the internal control of its financial reporting as per the Sarbanes-Oxley Act of 2002, the spokesperson said.
Electrolux,
the world s second-biggest appliances maker, reported on Friday
an operating loss below expectations as weak market demand hurt
sales volumes. .