Mips’ Profits Pressured by Legal Bills
Revenues at the Swedish helmet technology company inched up 1% to SEK 135 million ($11.0 mm) from SEK 133 million, hurt by the weakened dollar against the krona, and would have been 12% higher constant currency. The sports category increased by 3% to SEK 125 million, and bike helmet sales were positive, although postponed orders due to U.S. tariffs resulted in a 28% decline in motorcycle category sales ... Log in to view full article.
