Corrected: BRIEF-Fiskars Says Will Focus On Profit And Cash Protection in Second Half of Year

Fiskars

20/07/2023 06:40

(Corrects period to H2 from H1 in 2nd and 3rd bullets)
       July 20 (Reuters) - Fiskars Oyj Abp  FSKRS.HE :
    * MARKET ENVIRONMENT REMAINS VOLATILE, AND THERE IS LIMITED
VISIBILITY
    * EXPECTS THAT LOW CONSUMER CONFIDENCE IN COMPANY'S MAIN
MARKETS,
TOGETHER WITH RETAILERS' EMPHASIS ON INVENTORY MANAGEMENT, WILL
NEGATIVELY AFFECT DEMAND AND SALES IN H2
    * ANNOUNCED TARGETED ORGANIZATIONAL CHANGES, WHICH ARE
EXPECTED TO
RESULT IN SAVINGS SUPPORTING COMPANY'S EBIT FROM H2
    * IN SECOND HALF OF YEAR, WE WILL FOCUS ON PROFIT AND CASH
PROTECTION

Source text for Eikon:  ID:nWkrcgY3Xh 
Further company coverage:  FSKRS.HE 

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