Brief: CTT Systems decides on revised dividend proposal, initiates cost savings program

CTT Systems AB

30/04/2020 08:17

April 30 (Reuters) - CTT Systems AB  CTTS.ST :
    * SAID ON WEDNESDAY ANNOUNCES DECISION ON A REVISED DIVIDEND
PROPOSAL 
    * THE NEW PROPOSAL IS AN ORDINARY DIVIDEND OF SEK 4.05 PER
SHARE
INSTEAD OF SEK 5.40 PER SHARE
    * INTENDS TO INITIATE COST-CUTTING MEASURES WITH THE AIM OF
REDUCING NON-VARIABLE COSTS BY UNDER SEK 20 MILLION ON AN ANNUAL
BASIS, WITH FULL EFFECT FROM Q3

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr9XRdv5
    
 Further company coverage:  CTTS.ST  
   


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