Jan 29 (Reuters) - Lyko Group AB (publ) LYKOa.ST:
TRADING UPDATE FOR THE FOURTH QUARTER OF 2025
TO IMPLEMENT COST-REDUCTION PROGRAMME TO STRENGTHEN PROFITABILITY
PRELIMINARY NET SALES AMOUNTED TO SEK 1,287 MILLION IN Q4
PRELIMINARY GROSS MARGIN FOR Q4 DECLINED YEAR-ON-YEAR TO 39.6%
Q4 EBIT REACHING SEK 16.4 MILLION, CORRESPONDING TO AN EBIT MARGIN OF 1.3%
PROGRAMME TO GENERATE ANNUAL COST SAVINGS OF ABOUT SEK 100 MILLION, EXCLUDING ONE-OFF RESTRUCTURING COSTS RELATED TO STAFF
STAFF REDUCTIONS TO AFFECT ABOUT 70 FULL-TIME EQUIVALENT POSITIONS
Source text: ID:nMFN82LDG8
Further company coverage: [LYKOa.ST]
(Gdansk Newsroom)
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