Brief: Q-Linea Initiates Cost Savings Program

Q Linea AB

30/01/2024 09:03

Jan 30 (Reuters) - Q linea AB  QLINEA.ST :
    * INITIATES COST SAVINGS PROGRAM
    * COST SAVINGS ARE EXPECTED TO CONTRIBUTE POSITIVELY TO BOTH
EARNINGS AND CASH FLOW FROM AND INCLUDING Q3 OF 2024.
    * COST SAVINGS ARE ESTIMATED TO AMOUNT TO APPROXIMATELY SEK
50
MILLION PER YEAR
    * SALES CYCLES ARE STILL LONG, WHICH AFFECTS COMPANY'S SALES
STRATEGY
    * SAVINGS PROGRAM INCLUDES AROUND 40 EMPLOYEES AND
CONSULTANTS
    * Q-LINEA AT END OF 2023 HAD 123 EMPLOYEES AND THREE
CONSULTANTS.

Source text for Eikon:  ID:nMFN7WDs1W 
Further company coverage:  QLINEA.ST 

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