Brief: Nederman says Q3 operating profit unchanged

Nederman Holding AB

20/10/2015 10:30

Oct 20 (Reuters) - Nederman  NMAN.ST  
    * Q3 incoming orders amounted to sek 846.7m (701.1), 
    * Q3 net sales amounted to sek 796.7m (733.0) 
    * Q3 operating profit was sek 51.4m (51.4). 
    * Says in order to achieve the best possible efficiency, a 
decision was made in Q3 to implement additional measures in the 
EMEA and APAC segments, which meant that a reserve was made for 
a further SEK 20 million in restructuring costs 
    * Says in the EMEA segment, as part of the latest efficiency 
programme, it has emerged that further parts of the sales and 
support organization can be optimised and 
this work will now take place 
    * Says in the APAC segment the aim is to adapt parts of 
the organization to the current market situation. These 
adjustments will not include China and will not affect our view 
of the long-term potential in APAC 
    * Says the agreed measures are expected to generate annual 
savings of around SEK 15 million 
 
Source text for Eikon:  ID:  
Further company coverage:  NMAN.ST  
 
 (Stockholm Newsroom) 
 ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;))