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Brief: Brightbid To Introduce Cost Cuts, Reports Prelim Q1 Net Sales Down At SEK 11.1 Mln

April 30 (Reuters) - BrightBid Group AB (publ) BRIGHT.ST:

PLANS EFFICIENCY PROGRAM TO CUT COSTS BY 17-24 MSEK

PRELIM Q1 NET SALES SEK 11.1 MILLION VERSUS SEK 17.2 MILLION YEAR AGO

PRELIM Q1 EBITDA LOSS SEK 5.4 MILLION VERSUS LOSS SEK 11.1 MILLION YEAR AGO

TO REDUCE STAFF BY APPROXIMATELY 12 POSITIONS

Source text: ID:nMFN7Sc9Ct

Further company coverage: BRIGHT.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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