Brief: Kjell Group Invests In New Automated Robot Warehouse

Kjell AB (publ)

10/12/2024 07:03

Dec 10 (Reuters) - Kjell Group AB (publ)  KJELL.ST :
    * INVESTS IN NEW AUTOMATED ROBOT WAREHOUSE
    * AUTOMATION INVESTMENT ESTIMATED AT SEK 80 MILLION IN
2025-2026
    * PLANS SEK 200 MILLION RIGHTS ISSUE TO FINANCE WAREHOUSE
    * NEW WAREHOUSE EXPECTED TO BE OPERATIONAL IN Q4 2025
    * AUTOMATION EXPECTED TO REDUCE DISTRIBUTION COSTS BY 30
PERCENT

Source text:  ID:nMFN91xN2N 
Further company coverage:  KJELL.ST 

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