Brief: Vmp Changes Name To Eezy And Publishes A New Strategy For 2020-2022

Eezy Oyj

20/11/2019 06:03

Nov 20 (Reuters) - Vmp Oyj  VMP.HE :
    * REG-VMP CHANGES NAME TO EEZY AND PUBLISHES A NEW STRATEGY FOR 2020-2022
    * VMP'S BOARD OF DIRECTORS HAS APPROVED NEW STRATEGY FOR 2020-2022
    * STRATEGY IS BASED ON TRENDS THAT DRIVE STAFFING SERVICES, SUCH AS LABOR SHORTAGES AND NEED
FOR
MORE FLEXIBLE WORK
    * AS A STRATEGIC GOAL, THIS MEANS MARKET LEADERSHIP IN FINLAND BY 2022.
    * NEW STRATEGY AIMS TO STRENGTHEN THESE SUCCESS FACTORS IN ORDER FOR EEZY TO REACH MARKET
LEADER
POSITION THROUGH FASTER-THAN-MARKET ORGANIC GROWTH, AND THROUGH BUSINESS ACQUISITIONS - WHILE
AIMING TO ENSURE CONTINUED IMPROVEMENT OF OUR GOOD PROFITABILITY
    * TO MEET THESE GOALS, EEZY WILL FOCUS ON FOLLOWING KEY ACTIONS DURING STRATEGY PERIOD
2020-2022
    * REMAINING PREDICTED COST SYNERGIES SHOULD BE REACHED DURING YEARS 2020-2021 WHEN
HARMONIZATION
OF IT SYSTEMS AND PROCESSES AND IMPLEMENTATION OF BEST PRACTICES PROCEED
    * SCALABILITY OF FIXED COSTS INCREASES THROUGH GROWTH
    * TARGET: GROWTH: GROWTH AND STRENGTHENING OF MARKET POSITION IN ALL BUSINESSES
    * TARGET: CONSOLIDATION OF FRAGMENTED MARKET, ALSO THROUGH ACQUISITIONS
    * TARGET: MORE EFFICIENT CROSS-SELLING OF SERVICES UNDER DIFFERENT BUSINESSES
    * CURRENT LONG-TERM FINANCIAL TARGETS REMAIN VALID FOR NOW.
    * TARGET: EXPANDING SERVICE OFFERING

Source text for Eikon:  ID:nGNE4Y0SYs 
Further company coverage:  VMP.HE 

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