Brief: H&D Wireless To Reduce Investment

Hitech & Development Wireless Sweden Holding AB (publ)

27/10/2023 07:17

Oct 27 (Reuters) - Hitech & Development Wireless Sweden
Holding AB (publ)  HDWb.ST :
    * TO SIGNIFICANTLY REDUCE INVESTMENT
    * AIMS TO BECOME CASH FLOW POSITIVE IN Q1 2024
    * PLANS TO CUT OWN INVESTMENTNTS TO 1/3  OF CURRENT LEVEL
AND
INCREASE SALES
    * CHANGES TO IMPROVE RESULT BY ABOUT SEK 1.6 MILLION PER
MONTH,
ABOUT SEK 18-20 MILLION ANNUALLY

Source text for Eikon:  ID:nBQN5VQQVv 
Further company coverage:  HDWb.ST 

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