Oct 22 (Reuters) - Alleima AB ALLEI.ST:
Q3 ADJUSTED FREE CASH FLOW SEK 285 MILLION
INITIATING A NUMBER OF TARGETED MEASURES TO FURTHER STRENGTHEN OUR OPERATIONAL EFFICIENCY AND LONG-TERM COMPETITIVENESS
Q3 OPERATING PROFIT (EBIT) AMOUNTED TO SEK 197 MILLION (314)
Q3 REVENUES DECREASED BY 6% TO SEK 4,222 MILLION (4,498)
WE ESTIMATE THAT MEASURES WILL GENERATE COST SAVINGS OF JUST OVER SEK 200 MILLION PER YEAR
WE ASSESS THAT NON-RECURRING COSTS RELATED TO RESTRUCTURING ACTIVITIES WILL AMOUNT TO NEARLY SEK 400 MILLION
GENERALLY CAUTIOUS ATTITUDE AMONG CUSTOMERS, ESPECIALLY IN EUROPE, HAS PERSISTED, REINFORCED BY TRADE POLICY TURBULENCE
Source text: ID:nWkr6QkZhv
Further company coverage: ALLEI.ST
(Gdansk Newsroom)
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