Brief: OrganoClick Q2 EBIT SEK -4.7 Million
July 11 (Reuters) - OrganoClick AB ORGC.ST: ORGANOCLICK Q2 GROSS MARGIN 21.6% ORGANOCLICK Q2 EBIT SEK -4.7 MILLION INITIATING A COST-CUTTING PROGRAM TO ADAPT TO LOWER SALES VOLUME. REPORTS Q2 SALES LOSS OF -22.7% COSTS WILL BE REDUCED BY SEK 3 MILLION ON AN ANNUAL BASIS WHEN IT IS FULLY IMPLEMENTED IN Q4 Q2 SALES SEK 30.0 (38.7) MILLION Source text: ID:nWkrb1Nmn2 Further company coverage: ORGC.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))