Lehto Group Plc: Lehto implements operational measures to improve profitability and prepares financing package to implement its updated strategy
Lehto Group PlcInsider information28 April 2022 at 7.35 a.m. (EET)Today, April 28, 2022, Lehto Group Oyj (“Lehto”) has announced its updated strategy, according to which Lehto will focus on operational operations and improving profitability, primarily by developing cost efficiency, in the early part of its strategy period. As part of the implementation of the updated strategy, Lehto is preparing a financing package consisting of the sale of the pipeline renovation business, issuance of a convertible bond, bank financing, outsourcing of land plots to partners and operational measures as