Brief: Qliro's Board Decides On Profitability Measures

Qliro AB

03/06/2022 12:34

June 3 (Reuters) - Qliro AB  QLIRO.ST :
    * BOARD DECIDES ON PROFITABILITY MEASURES
    * MEASURES ARE INTENDED TO REDUCE QLIRO'S COSTS AND INCREASE
REVENUES
    * AMBITION IS FOR QLIRO TO BE PROFITABLE AT EBT LEVEL FOR
FULL
YEAR 2023. MEASURES DO NOT AFFECT COMPANY'S GROWTH PLANS
    * PACKAGE OF MEASURES IS EXPECTED TO HAVE A POSITIVE IMPACT
ON
QLIRO'S EARNINGS FOR FULL YEAR 2023
    * IN A SHORTER PERSPECTIVE, THIS WILL ENTAIL CERTAIN COSTS
IN
THIRD AND FOURTH QUARTERS OF 2022
    * DURING SECOND HALF OF 2022, BOARD WILL DECIDE ON NEW
FINANCIAL
TARGETS FOR QLIRO WHICH WILL BE COMMUNICATED AS SOON AS THEY ARE
ADOPTED

Source text for Eikon:  ID:nMFN5kHtGj 
Further company coverage:  QLIRO.ST 

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