Brief: Cell Impact Initiates Cost Reduction Program

Cell Impact AB (publ)

13/07/2023 07:47

July 13 (Reuters) - Cell Impact AB (publ)  CELLI.ST :
    * CELL IMPACT IS INITIATING A COST REDUCTION PROGRAM TO MEET
AN
EXPECTED REDUCED INFLOW OF ORDERS
    * INITIATES A COST REDUCTION PROGRAM INCLUDING A REDUCTION
IN
PERSONNEL AND OTHER RUNNING COST
    * TOTAL OF 28 FULL-TIME POSITIONS MAY BE AFFECTED.
NEGOTIATIONS
WITH UNIONS ACCORDING TO MBL WILL BEGIN SHORTLY
    * EXPECTED LOWER ORDER INTAKE FOR FLOW PLATE PRODUCTION WILL
AFFECT CELL IMPACT'S POSSIBILITY TO REACH FINANCIAL TARGETS FOR
2024
    * COMPANY WILL REVIEW ITS FINANCIAL TARGETS AND UPDATE THEM
WHEN
NEW COMMERCIAL CONDITIONS HAVE BEEN ANALYZED

Source text for Eikon:  ID:nWkrnptn7 
Further company coverage:  CELLI.ST 

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