Brief: Eltel Plans Further Resturcturing In Norway

Eltel AB

27/07/2023 07:08

July 27 (Reuters) - Eltel AB  ELTEL.ST :
    * Q2 WAS, TO A LARGE EXTENT, A CONTINUATION OF Q1 WITH MIXED
RESULTS ACROSS OUR SEGMENTS
    * EXCEPT FOR IN NORWAY, DEMAND FOR OUR SERVICES WAS RISING
    * IN NORWAY, FURTHER REDUCTIONS IN CUSTOMER INVESTMENTS LED
TO
OVERCAPACITY AND INEFFICIENCY IN Q2
    * ADDITIONAL RESTRUCTURING ACTIONS IN NORWAY WILL BE TAKEN

Source text for Eikon:  ID:nWkr5zwTql 
Further company coverage:  ELTEL.ST 

 (Gdansk Newsroom)
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