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Doro starts cost-cutting plan after 5% fall in Q2 sales

Friday 13 July 2018 | 12:07 CET | News
Doro has announced a drop in sales of nearly 5 percent in the second quarter, although Services category sales rose by almost 42 percent. Doro says the drop proves the need to step up its transformation, and it is supporting this with a programme that aims to lower costs by an estimated SEK 30 million annually. The company has lowered the upper ranges of its full year sales and EBIT forecasts, too.

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Categories: Mobile & Wireless
Companies: Doro
Countries: Sweden / World
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