Brief: Statt Torsk To Cut Cost Level

Statt Torsk ASA

22/08/2023 14:04

Aug 22 (Reuters) - Statt Torsk ASA  STATT.OL :
    * STATT TORSK ASA: UPDATE ON STRATEGIC REVIEW - DECISION ON
POSTPONED PRODUCTION AT REKVIKA
    * TO POSTPONE PLANNED NEW PRODUCTION AT REKVIKA, DUE TO
ONGOING
STRATEGIC PROCESS AND DUE TO RISK OF NOT ACHIEVING A FULLY
FINANCED PRODUCTION CYCLE
    * DECISION IMPLIES REDUCED COST LEVEL FOR COMPANY GOING
FORWARD,
AND THAT JUVENILES MEANT FOR REKVIKA WILL BE SOLD OR DESTROYED

Source text for Eikon:  ID:nObi6MsVxa 
Further company coverage:  STATT.OL 

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