January 2, 2017 / 12:38 PM / 7 months ago

BRIEF-Basware updates on personnel costs and 2016 reporting

Jan 2 (Reuters) - Basware Oyj :

* Says costs booked in 2016 related to personnel reductions being part of productivity programme will amount to roughly 5 million euros ($5.2 million)

* Says targeted annual savings related to personnel of about 7 million to 8 million euros starting from 2018 are unchanged

Source text for Eikon: Further company coverage: ($1 = 0.9552 euros) (Gdynia Newsroom)

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