OrganoClick AB (publ) announces cost savings program of approximately SEK 14 million
The Board of Directors of OrganoClick AB (publ) has decided to initiate a strengthened efficiency program that, when fully implemented, will result in a cost reduction of approximately SEK 14 million for the parent company OrganoClick AB. Together with the previously decided efficiency program of just over SEK 4 million for the partly owned subsidiary OrganoWood, this results in a total cost reduction of approximately SEK 18 million for the Group when fully implemented.The purpose of the savings program is to adapt the cost base to the current sales volume and thusto bring the Group to profitability more quickly.
The savings program includes both reduced operating costs in the form of, among other things, more efficient use of premises and a reduction in the workforce by just over 20%. The cost savings will gradually take effect during the first half of 2026. Structural costs for the program of approximately SEK 5 million will be reserved in the fourth quarter.
This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 05-11-2025 08:30 CET.