Ework Group AB (publ) specifies the extent of implemented savings
Ework Group AB (publ) hereby specifies that the anticipated extent of the cost reductions implemented during the year is approximately SEK 50 million on an annual basis compared with 2019. The cost reductions are considered sustainable and they are expected to have full effect as of 2021. The cost reducing measures are not assessed to adversely affect Ework’s future growth. However, revenue and earnings are expected to be adversely affected as a result of the covid-19 pandemic.The cost reductions were announced at the end of last year, and have been implemented gradually during the current