Brief: Sprint Bioscience To Lay Off About 35% Of Its Workforce

Sprint Bioscience AB

27/05/2025 06:36

May 27 (Reuters) - Sprint Bioscience AB SPRINT.ST:

Q1 NET SALES SEK 14.1 (17.9) MILLION

Q1 OPERATING RESULT SEK -5.0 MILLION

DUE TO DISCONTINUATION OF THE VRK1 PROGRAMME, CO WILL LAY OFF ABOUT 35 PERCENT OF ITS WORKFORCE

ON FULL-YEAR BASIS, TOTAL COST REDUCTIONS EXPECTED TO ABOUT SEK 30 MILLION, OF WHICH ABOUT SEK 10 MILLION RELATES TO PERSONNEL COSTS

THE FULL IMPACT OF THE SAVINGS WILL BE VISIBLE IN THE THIRD QUARTER OF 2025

Source text: ID:nMFN9SW17y

Further company coverage: SPRINT.ST

 (Gdansk Newsroom)

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