March 9 (Reuters) - OptiCept Technologies AB (publ) OPTIFR.ST:
SAID ON SUNDAY BOD TO INITIATE COMPREHENSIVE EFFICIENCY AND SAVINGS PROGRAM WITH AIM OF FURTHER STRENGTHENING COMPANY'S FINANCIAL POSITION AND CREATING CONDITIONS FOR LONG-TERM PROFITABLE GROWTH
PROGRAM IS ESTIMATED TO REDUCE COMPANY'S COST BASE TO ABOUT SEK 25 MILLION ON ANNUAL BASIS
PROGRAM IS EXPECTED TO RESULT IN OPTICEPT ACHIEVING POSITIVE EBITDA RESULTS FROM Q3 2026
PROGRAM INCLUDES BOTH ORGANIZATIONAL CHANGES, INCLUDING PERSONNEL REDUCTIONS, AND OTHER COST SAVINGS WITHIN THE BUSINESS
SAVINGS ARE EXPECTED TO TAKE FULL EFFECT DURING H2 2026
Source text for Workspace: nMFNb8YSTT
Further company coverage: OPTIFR.ST
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