Ambu downgrades, will cut costs

The Danish medtech firm’s preliminary Q3 report for 2021/2022 announced a cost reduction program, which will affect staffing and is expected to yield DKK 250m (USD 34.1m) in annualized savings.

by manon skov buch, translated by daniel pedersen

On Wednesday, Danish medtech firm Ambu announced preliminary financial figures from the third quarter of fiscal 2021/2022 – alongside a guidance downgrade for the full-year and a cost reduction program meant to result in DKK 250m (USD 34.1m) annualized savings.

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