Brief: Duni Group Changes And Strengthens Its Sales And Marketing Organization And Focuses On Two Brands

Duni AB

16/01/2020 09:03

Jan 16 (Reuters) - Duni AB  DUNI.ST :
    * DUNI GROUP CHANGES AND STRENGTHENS ITS SALES AND MARKETING
ORGANIZATION AND FOCUSES ON TWO BRANDS
    * DUNI GROUP IS CHANGING AND STRENGTHENING ITS SALES AND
MARKETING
ORGANIZATION, WHICH IS EXPECTED TO COME INTO FORCE DURING Q1 AND
THUS ENTAIL A CHANGE IN SEGMENT ACCOUNTING AS OF JANUARY 1, 2020
    * REORGANIZATION IS EXPECTED TO COME INTO FORCE DURING Q1 OF
2020
AND RESULT IN A CHANGED SEGMENT REPORTING AS OF JANUARY 1, 2020
    * REORGANIZATION IS EXPECTED TO COME INTO FORCE DURING Q1 OF
2020
AND RESULT IN A CHANGED SEGMENT REPORTING AS OF JANUARY 1, 2020
    * ASSOCIATED RESTRUCTURING EXPENSES ARE ESTIMATED AT SEK 40
M AND
EXPECTED TO BE CHARGED TO INCOME STATEMENT FOR Q1
    * AN ANNUAL SAVING OF SEK 20 M IS EXPECTED AS A CONSEQUENCE
OF
THIS REORGANIZATION
    * AS OF 2020, GROUP WILL FOCUS ON TWO MAIN BRANDS: DUNI AND
BIOPAK
    * TO DIFFERENTIATE GROUP FROM DUNI BRAND, A NEW IDENTITY IS
BEING
CREATED UNDER NAME OF DUNI GROUP
    * ONE STAGE IN IMPLEMENTATION OF THIS STRATEGY, BIOPAK BRAND
IS
BEING LAUNCHED IN EUROPE WITH AN AIM OF ESTABLISHING IT ON A
GLOBAL SCALE

Source text for Eikon:  ID:nWkr7SDwfv 
Further company coverage:  DUNI.ST 

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