Wide Cost Saving Programme

Skandia Greenpower AS

28/02/2023 10:25

Feb 28 (Reuters) - Skandia Greenpower AS  SKAND.OL :
    * SKANDIA GREENPOWER IMPLEMENTS GROUP-WIDE COST SAVING
PROGRAMME
    * A GROUP-WIDE COST SAVING PROGRAMME WILL BE IMPLEMENTED
IMMEDIATELY.
    * AIM OF PROGRAMME IS TO ENSURE CASH POSITIVE OPERATIONS IN
SECOND
HALF OF 2023.
    * REDUCTION OF UP TO 12 FULL-TIME EQUIVALENTS IN Q1 OF 2023
    * SUBSEQUENT OF COST SAVING PROGRAMME, COMPANY WILL HAVE A
TOTAL
OF 7 TO 10 FULL-TIME EQUIVALENTS
    * SIGNIFICANT DECREASE IN USE OF EXTERNAL CONSULTANTS.
    * CONTINUOUS FOCUS ON GROSS MARGIN THROUGH REDUCING OTHER
OPERATING EXPENSES.

Source text for Eikon:  ID:nObirXNpCa 
Further company coverage:  SKAND.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;;))