Oboya carries out relocation of operations and warehouses, which entails an annual cost saving of SEK 5.0 million
Oboya Horticulture Industries AB ("Oboya" or "The Company"), through wholly-owned subsidiaries in Sweden and Denmark, carries out relocation of operations and warehouses. The change entails an annual cost saving of MSEK 5.0 with full effect from the first quarter of 2020. The relocation is part of previously communicated profitability improvement and the Company's strategic plan to achieve a net margin of 5-7 percent. Oboya has previously announced that the focus for the coming years is to achieve sustainable profitability. In order to achieve the stated target of a net margin of 5–7