Dustin's share is soaring with 22.5 percent in morning trading after the profit warning, the second in a short time from the online-based IT store.
Sales during the first half of the fiscal year 2024-2025 are expected to decrease by around 20 percent compared to the previous year, according to Dustin. And the adjusted operating result is expected to land at 0-30 million kronor.
"The expected improvement in the market has taken longer than Dustin, like leading market analysis companies, has previously assessed. Sales have also been affected by greater caution and reduced budgets within the public sector", writes Dustin in a press release.
CEO Johan Karlsson adds that the market situation still looks weak and that there are no signs of any immediate improvement.
"We have full focus on measures to mitigate the effects, which lays the foundation for more significant efficiency measures and savings in the coming fiscal year", he says in the press release.
