In order to minimize the negative financial impact of the current coronavirus situation, Lindex has adapted its operations with rapid and effective measures. Despite this, Lindex revenue declined by approximately 18% during the second quarter. Although the sales development turned to growth towards the end of the second quarter, the full-year result will not reach the targets set for it.
For this reason, and in order to secure its operations in the future, Lindex will initiate a cost saving programme aimed at reducing costs globally by approximately
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