Cherry hails quick turnaround under new management

CEO tells investors the firm’s new management has reversed its negative profits trend and will meet 2017 forecasts

Cherry has confirmed it met its forecast for the 2017 financial year thanks to new measures from its recently installed management team. In November the operator dropped its revenue expectations from MSEK 2500 (£223.5m) to MSEK 2200 (£196.6m) following a period of integration issues with the group’s online arm ComeOn. The firm also appointed a new…

Anders Holmgren | Cherry | Cherry Group | ComeOn | Finance