Brief: Polygiene Group Delivers Financial Update Ahead Of Year-End Report

Polygiene AB

21/12/2023 09:07

Dec 21 (Reuters) - Polygiene Group AB  POLYG.ST :
    * DELIVERS FINANCIAL UPDATE AHEAD OF YEAR-END REPORT
    * NOT TO PROVIDE LONG-TERM GUIDANCE
    * POSTPONEMENT OF PREVIOUSLY COMMUNICATED SALES TARGET OF
SEK 1
BILLION BY 2026
    * RESOURCES HAVE BEEN REALLOCATED FROM FRESHNESS, RESULTING
IN A
ONE-TIME COST OF SEK 2.6 MILLION IN Q4
    * HAS DECIDED TO WRITE DOWN GOODWILL BY APPX SEK 295
MILLION,
INCLUDING TAX
    * Q4 OUTLOOK INDICATES WE ARE ON WAY TO GROW QUARTER BY
QUARTER
    * JANUARY FORECAST IS POSITIVE

Source text for Eikon:  ID:nWkr3HMWvD 
Further company coverage:  POLYG.ST 

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