The company has made progress with reducing costs and improving efficiencies and will now accelerate that work. Victor Hägglund is appointed COO and assumes the overall responsibility for purchasing, production, and supply chain. Victor will in his new role drive and quantify cost reductions and efficiency improvements.

Sales, partner development and international expansion are of strategic importance for the company. Therefore, Fredrik Fränding, CEO, assumes the role of interim Head of Sales. Linus Wetterlind will leave the company end of September.

“Order intake in the second quarter was better compared to recent quarters but we see a challenging period in front of us, affected by rising interest rates and an uncertain global environment. Growing our business together with partners is therefore an even more important part of our strategy, which involves the whole company. I want to thank Linus for his contributions and wish him all the best going forward”. Says Fredrik Fränding, CEO.

This statement has been made in a Swedish and English version. In the event of any discrepancies between the Swedish and English text, the Swedish text shall prevail.