Resurs continues its transformation journey and carries out impairment of SEK 48 million
Resurs’s transformation journey began by creating a more efficient organisation with a clear Nordic focus. Negotiations with trade union representatives concluded as planned during the fourth quarter, and as previously announced resulted in exceptional costs of approximately SEK 22 million for the fourth quarter.
In parallel with this, the company has also reviewed its balance sheet, which resulted in impairment of SEK 38 million for capitalised IT investments. A small unlisted shareholding of approximately SEK 10 million was also impaired in the fourth quarter. These impairments have no effect on liquidity and only a marginal effect on the capital base, but do impact operating profit for the fourth quarter.
“To ensure long-term competitiveness, sustainability and profitability we are now carrying out our transformation journey. We want to be a more data-driven and tech-oriented financial player. The measures we are taking now create the conditions for ensuring that important business-driven IT projects and solutions can be carried out in the next few years,” says Nils Carlsson, CEO, Resurs Bank.
Jonas Olin, CFO & Head of IR, firstname.lastname@example.org, +46 766 98 41 76
Sofie Tarring Lindell, IR Officer, email@example.com +46 73 644 33 95
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- 13. januar 2021