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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Condo Nordic
Condo Nordic (CONDO) investor relations material
Condo Nordic has been delisted
Condo Nordic Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2025 earnings summary23 May, 2025
Executive summary
Q1 2025 marked the first full fiscal year as a listed company, with improved sales margin, EBITDA, and operating profit despite a seasonal sales dip compared to Q1 2024.
Expansion into the Swedish market is underway, expected to contribute positively to cash flow and profits.
Financial highlights
Net sales decreased by 8% to SEK 4.2 million from SEK 4.6 million year-over-year.
Gross profit increased to SEK 1.7 million from SEK 1.4 million year-over-year.
EBITDA improved to SEK -0.3 million from SEK -1.2 million year-over-year.
Adjusted operating profit after financial items was SEK -1.0 million, up from SEK -1.6 million year-over-year.
Earnings per share remained negative.
Outlook and guidance
Management focuses on strengthening liquidity, improving sales margins, and cost-cutting for a sustainable path forward.
Swedish market entry is expected to drive future growth and profitability.
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Latest events from Condo Nordic
- Record Q3 sales achieved, but margins pressured by rising lease costs and listing expenses.CONDO
Q3 2024 - Record June and July sales offset Q2 decline, with 2024 revenue forecast at SEK 35–40 million.CONDOQ2 2024
- Record Q4 sales achieved, but profitability pressured by costs and IPO-related expenses.CONDOQ4 2024
Condo Nordic
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Frequently asked questions
Condo Nordic Holding AB is a Sweden-based company engaged in real estate development and property management. The company specializes in residential and commercial real estate projects, focusing on creating sustainable and high-quality living and working environments. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Spotlight Stock Market.