Picture of Doro AB logo

DORO — Doro AB News Story

0.000.00%
se flag iconLast trade - 00:00
TechnologySpeculativeSmall CapSuper Stock

Brief: Doro revises 2016 outlook, CEO to leave

Dec 8 (Reuters) - Doro AB  DORO.ST : 
 
    * Jérôme Arnaud will leave Doro but continue as CEO until 
already-initiated recruitment process is completed 
    * Non-recurring restructuring costs of circa 21 million 
Swedish crowns ($2.3 million) will be booked in Q4 for planned 
CEO change 
    * Sees EBIT, including non-recurring restructuring costs for 
FY 2016, to be in range of 40 million to 50 million swedish 
crowns, revising previous forecast of EBIT somewhat below 
outcome for 2015 
    * Has initiated CEO recruitment process and expects 
completion latest in early 2017 
    * Sales for 2016 are still expected to be above 2015 and 
current order intake is strong 
 
Source text for Eikon:  ID:nSSN6GhF  
     
Further company coverage:  DORO.ST  
 
($1 = 9.0672 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

Recent news on Doro AB

See all news