Brief: Lehto Closes Down Its Swedish Business

Lehto Oyj

03/01/2022 11:12

Jan 3(Reuters) - Lehto Group Plc  LEHTO.HE :
    * SAID ON FRIDAY DISCONTINUES BUSINESS IN SWEDEN
    * THE REASON FOR TERMINATION IS THE COMPANY'S NEED TO FOCUS
ON
COMPETITIVENESS IN FINLAND AND THE LOW VOLUME OF SWEDISH
BUSINESS
    * THE TERMINATION DOES NOT HAVE SIGNIFICANT EFFECTS ON
LEHTO'S
PROFITS OR FINANCIAL POSITION IN YEARS 2021-2022

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr8KnYcP
 Further company coverage:  LEHTO.HE  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))