![]() ![]() to acquire 81% of Cefla's retail solutions business unit. has on October 8th, 2020 entered into an agreement with Cefla soc. ITAB Shop Concept AB's (publ) Italian subsidiary ITAB La Fortezza s.p.a.ITAB's Board of Directors has decided to announce the intention to raise new capital in order to strengthen the company's balance sheet and provide additional financing flexibility, as well as to invest in the One ITAB transformation plan. ![]() ITAB Group has appointed adviser with respect to its financial options to transform its business and consolidate its market position as the leading retail solution provider.ITAB and Ombori have developed the next generation of Ombori Grid, a digital platform, that will support retailers in their ambitions to create seamless multichannel experiences.A new CFO and a new COO has been assigned.ITAB has renegotiated terms of its credit facilities and entered into short-term shareholders' loans (see pg.Extensive measures in the form of cost adjustments, redundancy notices, temporary layoffs and redundancies has been made to adapt operations to the reduced demand (see pg. The interim period was overshadowed by the Covid-19 pandemic.IMPORTANT EVENTS DURING JANUARY- DECEMBER 2020 lease liability amounted to SEK 1,092 million (1,746) Net debt amounted to SEK 1,748 million (2,509).non-recurring items amounted to SEK 172 million (90) ![]() In the fourth quarter 2020, non-recurring items impacted the profit after financial items by SEK -154 million (-46).
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