Brief: OrganoClick: Amendments In Agreement With Nordic Paint Company

Organoclick AB

20/12/2018 07:09

Dec 20 (Reuters) - OrganoClick AB  ORGC.ST :
    * AMENDMENTS IN AGREEMENT WITH LEADING NORDIC PAINT COMPANY
    * PRICES FOR EVERY PRODUCT HAS BEEN INCREASED, IMPROVING
GROSS
MARGIN FOR ORGANOCLICK
    * ORGANOCLICK - EFFECT FROM REDUCED SALES VOLUME BUT
INCREASED
PRODUCT PRICES IS REDUCED GROSS PROFIT / YEAR OF SEK 1.5-2.0
MILLION FOR CO
    * IN ORDER TO COMPENSATE FOR REDEUCED GROSS PROFIT,
AGREEMENT HAS
BEEN PRO-LONGED FROM 2 TO 5 YEARS

Source text for Eikon:  ID:nWkrD52Vp 
Further company coverage:  ORGC.ST 

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