Brief: Hexatronic Announces Performance Improvement Program, New Financial Targets

Hexatronic AB

11/09/2025 08:06

Sept 11 (Reuters) - Hexatronic Group AB HTRO.ST:

ANNOUNCES PERFORMANCE IMPROVEMENT PROGRAM AND NEW FINANCIAL TARGETS TO REFLECT ACCELERATED SHIFT TO GROWTH SEGMENTS

CONSOLIDATION AND RIGHT-SIZING WILL RESULT IN A TOTAL REDUCTION OF 120 EMPLOYEES WITHIN FIBER SOLUTIONS IN EUROPE

ONE-OFF COSTS ESTIMATED TO SEK 230M, OF WHICH SEK 125M CASH EFFECT. MOST OF ONE-OFF ESTIMATED COSTS WILL IMPACT Q3 2025 RESULTS

COST SAVINGS ESTIMATED TO SEK 122M AND A NET EBITA EFFECT OF SEK 110M ON AN ANNUALIZED BASIS

FIBER OPTIC CABLE MANUFACTURING IN FACILITY IN SOUTH CAROLINA HAS BEEN POSTPONED TO 2027

Source text: ID:nMFN4YCh22

Further company coverage: HTRO.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))