JLT Mobile Computers AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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JLT Mobile Computers AB Changes Organization; to Cut Jobs
JLT Mobile Computers AB announced that it continues to create the premise for profitable growth. To reduce cost and align the organization to the strategy, the Company has started a cost reduction initiative and reduction in force including seven positions. The economic instability has meant increased competition in less demanding segments, resulting in "margin squeeze". The segment includes such areas as mining and construction machinery, forestry and agriculture equipment, logistics, and harbors. The organizational changes are backed by an internal project to improve the operational efficiency which has resulted in streamlined processes and strengthened system support.
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