Brief: Dustin Increases Pace Of Transformation In Services And Solutions

Dustin AB

19/05/2020 08:04

May 19 (Reuters) - Dustin Group AB  DUST.ST :
    * DUSTIN INCREASES THE PACE OF TRANSFORMATION IN SERVICES
AND
SOLUTIONS - IMPLEMENT EFFICIENCY IMPROVEMENTS
    * IS CONSOLIDATING OFFICES AND REDUCING NUMBER OF EMPLOYEES
WITHIN
EXISTING STRATEGY
    * REDUCTION WILL LEAD TO AN ESTIMATED NON-RECURRING COST OF
SEK 25
MILLION WHICH WILL GENERATE AN ESTIMATED YEARLY SAVING OF SEK 40
MILLION
    * INTENTION IS TO CLOSE 14 OFFICES, THAT HAS BEEN ADDED
THROUGH
ACQUISITIONS, AND TO REDUCE WORKFORCE BY APPROXIMATELY 50
EMPLOYEES
    * CHANGES AFFECT SWEDEN, DENMARK, FINLAND AND NORWAY
    * COST OF SEK 25 MILLION WILL BE RECOGNISED AS AN ITEM
AFFECTING
COMPARABILITY IN RESULT FOR Q3 2019/20

Source text for Eikon:  ID:nWkr1sf5b6 
Further company coverage:  DUST.ST 

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