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Elanders announces cost-cutting and streamline programme implementation.

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NORDIC BUSINESS REPORT-November 18, 2019-Elanders announces cost-cutting and streamline programme implementation

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Elanders AB (STO:ELANB), a provider of supply chain, distribution and printing services, announced on Friday that as a part of its continuous work to improve the overall profitability in the group, it will implement a cost-cutting and streamlining programme during the fourth quarter of 2018.

According to Elanders, this will primarily affect the German operations in Elanders' subgroup LGI, which is part of the business area Supply Chain solutions.

This programme was initiated by the new president of LGI, Bernd Schwenger and progresses on from the reorganisation of LGI he started in the third quarter of 2019.

Elanders added that this streamlining programme is focused on cutting overhead costs and increasing internal efficiency. This will mainly be achieved through measures...

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