Lifco Shares Drop 9% as Q2 Profit Declines Due to Weaker Margins
Lifco shares just took a sharp 9% hit. Why? Its second-quarter profit dropped more than expected. The reason: weaker margins. Lifco is a Swedish company known for buying and running small and medium-sized businesses. It works across three key areas: Dental, Demolition & Tools, and Systems Solutions. Over the years, Lifco has been a favorite…