EBITDA ReductionThe EBITDA has been reduced by approximately 20% due to lower operating leverage and reduced capitalized R&D, reflecting challenges in maintaining expected profitability levels.
Profitability ChallengesThe surge in the cost base has had a dilutive impact on profitability, mainly due to higher R&D costs, other non-recurring items, and an increase in labor costs.
Rising CostsOperating costs were significantly higher than expected, mainly due to increased service and labor costs, impacting overall financial performance.