Brief: Ework Group AB Specifies The Extent Of Implemented Savings

eWork AB

21/09/2020 14:05

Sept 21 (Reuters) - Ework Group AB  EWRK.ST :
    * EWORK GROUP AB (PUBL) SPECIFIES THE EXTENT OF IMPLEMENTED SAVINGS
    * EWORK GROUP AB - ANTICIPATED EXTENT OF COST REDUCTIONS IMPLEMENTED DURING YEAR IS
APPROXIMATELY
SEK 50 MILLION ON AN ANNUAL BASIS COMPARED WITH 2019
    * EWORK GROUP AB - COST REDUCTIONS ARE CONSIDERED SUSTAINABLE AND THEY ARE EXPECTED TO HAVE
FULL
EFFECT AS OF 2021
    * EWORK GROUP AB - COST REDUCING MEASURES ARE NOT ASSESSED TO ADVERSELY AFFECT EWORK'S
FUTURE
GROWTH.
    * EWORK GROUP AB - REVENUE AND EARNINGS ARE EXPECTED TO BE ADVERSELY AFFECTED AS A RESULT OF
COVID-19 PANDEMIC.

Source text for Eikon:  ID:nWkr5RxzTc 
Further company coverage:  EWRK.ST 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))