Brief: Nimbus Group To Close Facilities In Kuopio, Luoto

Nimbus AB (publ)

30/09/2024 09:05

Sept 30 (Reuters) - Nimbus Group AB (publ)  BOAT.ST :
    * TO ADAPT PRODUCTION CAPACITY
    * WILL MAKE A PROVISION OF MSEK 55 TO A RESTRUCTURING
RESERVE IN
THE THIRD QUARTER OF 2024
    * TO CLOSE FINNISH PRODUCTION FACILITIES
    * CLOSURE TO AFFECT 140 EMPLOYEES, MOSTLY FURLOUGHED
    * EXPECTED PROFIT IMPROVEMENT OF MSEK 50 PER YEAR
    * OVERALL CASH FLOW EFFECT EXPECTED TO BE NEUTRAL TO
SLIGHTLY
POSITIVE

Source text for Eikon:  ID:nMFN9fxby5 
Further company coverage:  BOAT.ST 

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