Q3 2020 Stockmann Oyj Abp Earnings Presentation Transcript
Good morning and welcome to our Q3 report session through the webcasting. Together with me, I have Susanne Ehnbåge from Lindex and Pekka Vähähyyppä, our CFO. I will start by reminding us that our corporate restructuring is proceeding as planned.
And on August 17, the administrator provided all parties concerned a report of Stockmann plc's asset liabilities and other undertakings and on the circumstances that affected the financial position of the company and its expected development. I would like to highlight that in this report, the administrator states that the preconditions for a viable business exist and a solid restructuring program can be established. And we are now, as we speak, preparing to true up our restructuring program
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