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INCOAX InCoax Networks AB News Story

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Brief: Incoax Networks Expects To Reduce Cost Base By SEK 24 Mln In 2026

Nov 13 (Reuters) - InCoax Networks AB INCOAX.ST:

INCOAX ACCELERATES PATH TO COMMERCIALIZATION AND PROFITABLE GROWTH

IS REDUCING HEADCOUNT AND REALLOCATING RESOURCES TOWARD SALES, PARTNERSHIPS AND DELIVERY CAPABILITIES

REDUCTION MAINLY CONCERNS CONSULTANTS BUT ALSO SOME EMPLOYEES, WITH EFFECTS BEGINNING IN Q1 OF 2026 AND CONTINUING TO GRADUALLY MATERIALIZE DURING FIRST HALF OF YEAR

IN TOTAL, MEASURES ARE EXPECTED TO REDUCE COST BASE BY APPROXIMATELY SEK 24 MILLION IN 2026

Source text: ID:nWkr9XcjQB

Further company coverage: INCOAX.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

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