Brief: Greater Than To Focus Entirely On Its Core Business

Greater Than AB

29/05/2020 13:55

May 29 (Reuters) - Greater Than AB  GREAT.ST :
    * DECIDES TO FOCUS ENTIRELY ON CO'S CORE BUSINESS OF SELLING
AI-BASED TECHNOLOGY TO INSURANCE COMPANIES
    * CO'S TURNOVER IS NEGATIVELY AFFECTED BY THE DECISION BUT
HAS A
POSITIVE IMPACT ON CASH FLOW
    * BECAUSE OF THE STRATEGIC DECISION, CO IS RELEASED FROM AN
EXCLUSIVITY AGREEMENT, WHICH NOW ENABLES SALE OF SERVICES ALSO
IN NORDIC COUNTRIES

Source text for Eikon:  ID:nWkr5b4xJ8 
Further company coverage:  GREAT.ST 

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