Brief: Pricer Starts Cost-Savings Program To Save About SEK 50 Mln

Pricer AB

15/12/2023 08:06

Dec 15 (Reuters) - Pricer AB  PRICb.ST :
    * INITIATES A COST-SAVINGS PROGRAM WHICH LEADS TO SAVINGS OF
ABOUT
SEK 50 MLN FOR LONG-TERM COMPETITIVENESS AND PROFITABLE GROWTH
    * RESTRUCTURING IS ESTIMATED TO COST ABOUT SEK 18 MLN WHICH
WILL
BE CHARGED TO Q4 2023
    * COMPANY PLANS TO REDUCE WORKFORCE BY ABOUT 30 POSITIONS
GLOBALLY
    * IN SWEDEN, ABOUT 15 POSITIONS COULD BE AFFECTED, WHICH
CORRESPONDS TO ABOUT 15 PERCENT OF TOTAL NUMBER OF EMPLOYEES IN
SWEDEN
    * WRITE-DOWN OF CAPITALIZED DEVELOPMENT PROJECTS OF ABOUT
SEK 14
MLN WILL BE CHARGED TO Q4

Source text for Eikon:  ID:nWkr9kJ4lS 
Further company coverage:  PRICb.ST 

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