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INCOAX InCoax Networks AB News Story

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Brief: Incoax Networks To Implement Expanded Cost-Saving Program

Oct 31 (Reuters) - InCoax Networks AB INCOAX.ST:

INCOAX NETWORKS Q3 SALES SEK 5.331 MILLION

INCOAX NETWORKS Q3 NET INCOME SEK -7.672 MILLION

INCOAX NETWORKS Q3 EPS SEK -0.06

SLOWER SALES PACE HAS NEGATIVELY AFFECTED EARNINGS, LEADING TO DECISION TO IMPLEMENT AN EXPANDED AND MORE COMPREHENSIVE COST-SAVING PROGRAM

Source text: ID:nWkrbGGPSD

Further company coverage: INCOAX.ST

 (Gdansk Newsroom)

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

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