Brief: Duni Targets Annual Cost Savings Of SEK 30 Mln With Full Effect From Q4
BRIEF-Duni Targets Annual Cost Savings Of SEK 30 Mln With Full Effect From Q4 July 14 (Reuters) - Duni AB DUNI.ST:
DUNI Q2 SALES SEK 1,823 MILLION
DUNI Q2 OPERATING INCOME SEK 65 MILLION
DUNI Q2 EPS SEK -0.44
Q2 WAS CHARACTERIZED BY OPERATIONAL DISRUPTIONS IN CONNECTION WITH RAMP-UP AT OUR EXTERNAL LOGISTICS PARTNER
WE WERE UNABLE TO FULLY MEET DEMAND AND THEREBY MAINTAIN SERVICE LEVEL WE STRIVE FOR.
FINANCIAL IMPACT IN Q3 IS EXPECTED TO BE SIGNIFICANTLY LOWER THAN IN Q2
DEVELOPMENT IN MIDDLE EAST WAS PARTICULARLY WEAK
COST SAVINGS IN SALES AND ADMINISTRATION IN EUROPE, WITH EXPECTED ANNUAL SAVINGS OF SEK 30 M AND WITH FULL EFFECT FROM Q4
Source text: ID:nWkr3Xbj3n
Further company coverage: DUNI.ST
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