Dustin's board has decided on a new issue of approximately 1.25 billion kronor. The purpose is to strengthen the company's financial position and ensure a high rate of change for increased profitability, writes Dustin in a press release.
The issue is fully guaranteed by the company's largest owner Axel Johnson, through the company Axmedia AB.
DNB Asset Management, with 10.9 percent of the shares, is also positive, according to Dustin.
The issue must, however, be approved by an annual general meeting, convened for May 5.
The announcement comes simultaneously as Dustin reports a multi-billion loss for the broken fiscal year's second quarter, concluded in February.
The operating result was a loss of 2.5 billion, which can be compared to a profit of 142 million a year earlier.
The result is weighed down by a write-down of exactly 2.5 billion kronor "related to continued uncertainty regarding current and future market conditions and a strategic adjustment of the service offering", writes Dustin.
