On Thursday evening, ahead of the quarterly report, the company and its largest owner, Investor, announced that shareholders would contribute SEK 9 billion to slim down the debt-laden balance sheet.
Much of the money would go to one-time costs in connection with large efficiency measures where several thousand employees will be laid off.
The company, which has long struggled with losses and increasing debt, reported a quarterly loss of almost 1 billion kronor in its North American operations. In connection with the new share issue, a partnership with Chinese Midea Group in North America was announced.
Overall, revenue fell to SEK 29.5 billion, down from SEK 32.5 billion in the same period last year.
