SOLNA, Sweden, March 30, 2004 (PRIMEZONE) -- In response to heavy losses in Scribona's Danish operations in recent years, a number of energetic action and downsizing programs were implemented during 2003. These measures generated a significant improvement in earnings in the fourth quarter and the Danish organization will now be restructured in order to further strengthen profitability.
As of 1 April 2004, the management structures and backoffice functions of the Distribution and Solutions divisions will be integrated, thereby reducing the number of employees by an additional 25.
For additional information contact: Tom Ekevall Larsen, President & CEO, telephone +46-(0)8-734 36 50
Facts about Scribona
Scribona is the Nordic market's leading provider of IT products and solutions, offering customers cutting-edge product expertise, the industry's leading e-commerce system, optimized product availability and a broad range of complementary services. Scribona's operations are organized in three business areas: * Scribona Solutions - value adding distribution of IT infrastructure * Scribona Distribution - effective volume distribution of IT products * Scribona Brand Alliance - exclusive agent for leading brand suppliers
Address:
Scribona AB, Sundbybergsvagen 1, Box 1374, SE-171 27 Solna. The company's registered office is located in Solna, Sweden.
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