Brief: Nelly Q3 Operating Loss Narrows To SEK 11.9 Million

Nelly AB (publ)

25/10/2022 07:24

Oct 25 (Reuters) - Nelly Group AB (publ)  NELLY.ST :
    * INTERIM REPORT FOR 1 JANUARY – 30 SEPTEMBER 2022
    * Q3 NET REVENUE AMOUNTED TO SEK 284.3 (312.6) MILLION
    * Q3 GROSS PROFIT TOTALLED SEK 118.1 (143.4) MILLION
    * Q3 OPERATING LOSS WAS SEK -11.9 (-27.3) MILLION
    * COST-SAVING PROGRAMME THAT WAS PREVIOUSLY COMMUNICATED,
WHICH
AIMS TO REDUCE OPERATINGCOSTS BY SEK 40-50 MILLION PER ANNUM, IS
IN FULL SWING AND IS EXPECTED TO TAKE FULL EFFECT FROM Q2 OF
2023

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