Brief: Arjo To Divest Low-Spec Medical Beds Business

Arjo AB (publ)

17/10/2018 13:16

Arjo AB (publ)  ARJOb.ST :
    * ARJO TO DIVEST LOW-SPEC MEDICAL BEDS BUSINESS
    * DIVESTMENT HAS NO CONSIDERABLE EFFECT ON CASH FLOW OR
RESULTS
2018
    * TO FOCUS ON PREMIUM SEGMENT FOR MEDICAL BEDS
    * DIVESTMENT HAS NO CONSIDERABLE EFFECT ON CASH FLOW OR
RESULTS
2018
    * DIVESTMENT IS EXPECTED TO BE COMPLETED AT END OF 2018.
    * DIVESTMENT IS EXPECTED TO HAVE A POSITIVE ANNUAL EFFECT OF
APPROXIMATELY SEK 25 M ON OPERATING PROFIT FROM 2019

Source text for Eikon:  ID:nWkr8NSPpF 
Further company coverage:  ARJOb.ST