Stillfront

Following the appointment of Alexis Bonte as President & Group CEO, the board of directors and management have decided that the next step in maximizing the group’s value creation is to launch a strategic review. The purpose of the strategic review is to evaluate certain assets as part of a focused effort to strengthen the group by reallocating resources toward more scalable franchises and other opportunities. The strategic review may, for example, result in selective divestment or discontinuation of certain assets within the group. Through this process, the group aims to explore the potential for unlocking shareholder value and concentrating its investments in the areas with the highest potential for long-term growth.

The strategic review does not affect the SEK 200–250 million cost savings program announced in Q3 2024.

Stillfront has appointed Carnegie (DNB) and Aream as financial advisors to support the board of directors and management with the strategic review.

The board of directors will revert to the market with update(s) on the outcome of the strategic review in due course in accordance with applicable regulations.