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DUNI — Duni AB News Story

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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

- 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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