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Svedbergs Group to Restructure Subsidiary

MT Newswires·09/15/2026 03:33:38
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03:33 AM EDT, 09/15/2026 (MT Newswires) -- Svedbergs Group (SVED-B.ST) said its Svedbergs subsidiary in Dalstorp will undergo a reorganization as the group seeks to achieve its financial target of a 15% EBITA margin amid challenging market conditions. The bathroom products and services industry-focused investor's subsidiary will reduce its workforce, with the final number of affected positions to be determined after negotiations, according to a Tuesday release. The changes are expected to gradually improve operating profit by 25 million kronor annually.