Enfo's transformation program proceeds
(Thomson Reuters ONE) -
Enfo Group has revised its business structure. The purpose of the change is to
speed up the implementation of the Group strategy and to improve customer focus
in operations.
In August, the Group launched a program to simplify its operations including
possible personnel reductions affecting approximately 70 positions in Finland
and Sweden totally. Enfo has now finalized the labor negotiations with the
personnel. As a result of the negotiations Enfo's headcount will decrease
totally with 36, of which 16 in Finland and 20 in Sweden. The decreases concern
mainly managerial and administrative positions. At the same time, totally 17
managers will move to specialist roles (Finland 5, Sweden 12). In addition, 9
persons are temporarily laid off.
"The transformation program enables us to concentrate more resources to further
development of our IT services. We support our clients in digitalizing business
processes by providing a modern service portfolio, covering our clients' long-
term business needs. This includes planning, maintenance and integration of
complex systems and processes as well as introducing agile solutions in
different projects," says Enfo's CEO Arto Herranen.
As a result of the changes, Enfo will recognize EUR 2.5 million of non-recurring
costs in Q3 of 2017, which will make the Q3 result clearly negative. At the same
time, the operating profit of Q4/2017 is expected to be above the previous year.
For additional information, please contact:
Arto Herranen, CEO, Enfo Oyj, +358 44 719 3000
Lars Aabol, Managing Director, Enfo Sweden AB, +46 73 6840 380
e-mail: firstname.lastname(at)enfogroup.com
Enfo - Simpler, smoother and smarter business in the Digital Dimension
Enfo is a Nordic IT service company offering business solutions, financial
processes and managed IT services. Our passion is helping customers in the
digital dimension by creating innovative digital solutions that develop,
innovate and improve our customers' business. In 2016, Enfo's turnover was EUR
128 million. Enfo employs approximately 1,000 niched experts.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Enfo via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 28.09.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 561768
Anzahl Zeichen: 2679
contact information:
Town:
Kuopio
Kategorie:
Business News
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