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Article Date: July 2023
Word Count: 169

Polygiene Posts Higher Profit, despite Lower Sales


Net income at the Swedish maker of antimicrobial fabric treatments was up 42% to SEK 24,334,000 ($2.3 mm) from SEK 17,178,000, boosted by a 30,885,000 gain on exchange rate differences regarding goodwill, on 46% lower revenues of SEK 25,405,000 ($2.4 mm) from SEK 47,467,000. Americas sales, including goods and royalty income, contracted by 46% to SEK 4.7 million, EMEA declined 32% to SEK 17.6 million, APAC was down 34% to SEK 6.2, while RoW tumbled 188% ... Log in to view full article.

 


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