RTX lowers 2023/24 revenue forecast to DKK 500-510M from DKK 580-630M due to delayed recovery and lower demand.

RTX, a company in the industry, has revised its financial outlook for fiscal year 2023/24, lowering revenue expectations to DKK 500-510 million, significantly below the previous DKK 580-630 million. The change is due to delayed recovery and lower demand, particularly in the ProAudio segment. EBITDA expectations now range from break-even to 10 million Danish Kroner, compared to the previous 45-60 million.

June 30, 2024
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