Brief: Refine Group Subsidiary To Close Unprofitable Store In Uppsala
01/10/2024 08:08
Oct 1 (Reuters) - Refine Group AB REFINE.ST :
* SAID ON MONDAY SUBSIDIARY SVENSKA FOLKHEMMET MÖBLER &
INREDNING
AB WILL CLOSE DOWN AND LEAVE ITS UPPSALA STORE AT END OF YEAR
* IN 2024, UP TO AND INCLUDING AUGUST, STORE GENERATED
OPERATING
LOSS OF ABOUT SEK 1.2 MLN
* GROUP EXPECTS POSITIVE IMPACT ON OPERATING RESULT OF ABOUT
SEK
1-2 MLN PER YEAR FROM 2025 IN THE SUBSIDIARY AND THE GROUP
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