Further Measures to Reduce Costs in Observer Anglo Europe.
STOCKHOLM, Sweden -- Following the weak development in Observer Anglo Europe, further measures to reduce costs will be taken. Balance sheet items, including goodwill, will also be reviewed.
Comment from President and CEO Niklas Flyborg:
"Despite a preliminary profit in Observer
More information will be given in the Year End Report on February 8, 2007.
Observer AB (publ)
Observer improves clients' performance through integrated services and software solutions for reputation and campaign management, media monitoring and research of media contacts.
Observer AB is quoted on the Nordic Exchange. The company has around 2,700 employees and a turnover of almost SEK 1.8 billion in 2005.
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