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Bactiguard Holding AB (publ): Bactiguard Changes Strategy for Russia and India

2015-04-01 19:09:56| Appliances - Topix.net

Bactiguard has terminated the distribution agreement for Russia and evaluates an alternative sales strategy for India. In connection with the above, the company has decided to make reservations in the interim results for the first quarter of 2015 for doubtful receivables, with a negative effect on results of approximately MSEK 24. During the first quarter of 2015, Bactiguard has reviewed and evaluated market conditions in Russia.

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