Brief: Modelon Launches Cost Reductions

Modelon AB (publ)

25/09/2024 13:27

Sept 25 (Reuters) - Modelon AB (publ)  MODELb.ST :
    * MODELON LAUNCHES COST REDUCTIONS AND NEW ORGANIZATION TO
DRIVE
GROWTH AND PROFITABILITY
    * ANNOUNCES REDUCTIONS IN OPERATING EXPENSES OF 25 MSEK ON
AN
ANNUAL BASIS
    * FULL EFFECT OF COST REDUCTIONS FROM Q1 OF 2025
    * RESTRUCTURING COSTS OF UP TO 8 MSEK BOOKED IN Q3 OF 2024

Source text for Eikon:  ID:nMFN7nMdf6 
Further company coverage:  MODELb.ST 

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