Brief: Eezy Launches Profitability Program, Removes Guidance, Renews Its Strategy

Eezy Oyj

07/08/2023 11:50

Aug 7 (Reuters) - Eezy Plc  EEZY.HE :
    * INSIDE INFORMATION, NEGATIVE PROFIT WARNING: EEZY PLC
LAUNCHES A
PROFITABILITY PROGRAM, REMOVES GUIDANCE AND RENEWS ITS STRATEGY
    * AS PRELIMINARY INFORMATION EEZY'S REVENUE IN 1-6/2023 WAS
110.9
MILLION EUROS AND EBIT 2.4 MILLION EUROS
    * ESTIMATES OF DEVELOPMENT DURING LATE SUMMER AND EARLY
AUTUMN
HAVE WEAKENED, WHICH CREATES UNCERTAINTY TO REACHING GUIDANCE
    * EEZY REMOVES GUIDANCE FOR 2023 BECAUSE OF IMPACTS OF
PROFITABILITY PROGRAM AND UNCERTAINTY RELATED TO ECONOMIC
SITUATION
    * TO ADJUST TO CURRENT ECONOMIC SITUATION AND OUTLOOK EEZY
LAUNCHES AN EXTENSIVE PROFITABILITY PROGRAM
    * TARGETS FOR ANNUAL SAVINGS OF APPROXIMATELY 3 MILLION
EUROS
    * EEZY REMOVES GUIDANCE FOR 2023 BECAUSE OF IMPACTS OF
PROFITABILITY PROGRAM AND UNCERTAINTY RELATED TO ECONOMIC
SITUATION
    * NEW GUIDANCE: EEZY DOES NOT GIVE GUIDANCE FOR 2023

Source text for Eikon:  ID:nGNE7DgcBB 
Further company coverage:  EEZY.HE 

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