Indutrade consolidates and restructures operations in the Sander Meson Group
Indutrade has decided to implement a number of actions to restore profitability for the Sander Meson Group, which are active in the marine segment. The market conditions have been challenging for the companies within this group for a long time. The actions include consolidation of operations, staff reductions and other activities with focus to improve long-term profitability. The actions will lead to restructuring costs impacting earnings for the fourth quarter of 2017 with approximately SEK 140 million, of which SEK 80 million is related to a write-off of intangible assets and SEK 60