Formpipe: turning general consulting team reduction into slight profit

Research Note

2015-12-11

11:08

In its Q3 report, Formpipe already communicated that they had initiated a restructuring program to reduce its general consulting team in Denmark. This showed as a one-off cost from restructuring in the firm's Q3 results, but today the firm announced the sale of the unit to Danish competitor KMD, which will mean the restrucuring will turn into a smaller one-off profit in Q4 and potentially 2016.

AS

Alexander Sattelmaier

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.