Weaker market growth in US

Booking.com

Having experienced favorable growth over recent quarters, Probi had a weaker sales development than expected in the third quarter, leading to an adjusted full-year expectation.

The main reason for the slowdown is lower market growth in US which has reduced the demand. According to preliminary reporting, Probi’s total net sales for the first nine months of 2019 are expected to amount to SEK 460 million, an increase of 4% (adjusted for currency effects 0%) compared with the corresponding period last year.

Despite a good start to the year with continued growth, Probi can today, based on

Booking.com

Source: Weaker market growth in US

Booking.com

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