Brief: Candles Scandinavia Reduces Production Staffing

Candles Scandinavia AB

05/07/2022 09:23

July 5 (Reuters) - Candles Scandinavia AB  CANDLEb.ST :
    * INCREASES EFFICIENCY SIGNIFICANTLY THROUGH SIGNIFICANTLY
INCREASED PRODUCTION RATE AND AT THE SAME TIME GREATLY REDUCED
PRODUCTION STAFFING
    * REDUCES STAFF BY ABOUT 35 PEOPLE
    * FULL-YEAR EFFECT ROLLING 12 MONTHS AMOUNTS TO REDUCED
PERSONNEL
COSTS OF SEK 15 MILLION
    * AFTER MACHINE UPGRADES PRODUCTION RATE HAS INCREASED ABOUT
+20-30% DEPENDING ON PRODUCT MIX

Source text for Eikon:  ID:nMFN3bkP79 
Further company coverage:  CANDLEb.ST 

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