Brief: Agfa Gevaert Announces Two Factory Closures In France And UK

Agfa Gevaert NV

11/06/2020 07:51

June 11 (Reuters) - Agfa Gevaert NV  AGFB.BR :
    * AGFA REORGANIZES ITS PRINTING PLATE MANUFACTURING CAPACITY
TO
ADDRESS THE SIGNIFICANT DECLINE IN MARKET DEMAND
    * AGFA TODAY ANNOUNCED ITS INTENTION TO CLOSE ITS PRINTING
PLATE
FACTORIES IN PONT-À-MARCQ (FRANCE) AND LEEDS (UNITED KINGDOM)
    * THIS DECISION WOULD IMPACT 175 EMPLOYEE POSITIONS IN
PONT-À-MARCQ (FRANCE) AND 76 EMPLOYEE POSITIONS IN LEEDS (UK)
RESPECTIVELY
    * CLOSURE WOULD BE IMPLEMENTED AT END OF PREVAILING
INFORMATION &
CONSULTATION PROCEDURES IN BOTH COUNTRIES
    * MARKET FORECASTS DO NOT SUGGEST ANY IMPROVEMENT IN YEARS
TO COME

Source text for Eikon:  ID:nGNE9dTLNQ 
Further company coverage:  AGFB.BR 

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