(cache)Dstny widens 2023 loss on write-down in Sweden

Dstny widens 2023 loss on write-down in Sweden

Belgian business telecom services provider Dstny posted a net loss of EUR 85.8 million in 2023, despite a 24 percent increase in revenues. The loss widened four-fold compared to the year before, mainly because of a EUR 55 million write-down in Sweden, L'Echo reports, citing the company's annual report. Revenues increased to EUR 255.3 million, thanks to the acquisition of Denmark's Flexfone and Germany's Easybell. The gross margin advanced by 29 percent.

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Dstny widens 2023 loss on write-down in Sweden

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