Inside information: Suominen announces a cost saving program to secure profitable growth

Suominen Corporation, inside information, May 7, 2025 at 9:35 a.m. (EEST) Suominen announces a cost-saving program to secure profitable growth and ensure long-term competitiveness. "We are launching a cost saving program to address our structural costs across operations and global functions to secure profitable growth. This is a necessary step to improve our competitiveness and profitability, as we continue investing in innovation and sustainability, collaborating closely with our...

Espoo, 07/05/2025 (informazione.news - comunicati stampa - servizi)

Suominen announces a cost-saving program to secure profitable growth and ensure long-term competitiveness.

"We are launching a cost saving program to address our structural costs across operations and global functions to secure profitable growth. This is a necessary step to improve our competitiveness and profitability, as we continue investing in innovation and sustainability, collaborating closely with our customers,” says President & CEO Tommi Björnman.

The program is expected to result in savings of approximately EUR 10 million. Savings are planned to realize over the next 24 months. The saving program is expected to affect up to 60 positions globally, subject to local consultation procedures.

SUOMINEN CORPORATION

For further information:
Tommi Björnman, President & CEO, tel. +358 10 214 3018

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Nasdaq Helsinki
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www.suominen.fi