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BITTI - Bittium Oyj News Story

€6.5 0.1  1.4%

Last Trade - 12/05/21

Sector
Technology
Size
Small Cap
Market Cap £199.3m
Enterprise Value £197.5m
Revenue £67.3m
Position in Universe 712th / 1830

BRIEF-Elektrobit to rationalize operations in the Wireless Business Segment in Finland

Thu 6th November, 2014 6:05am
Nov 6 (Reuters) - Elektrobit Oyj  EBC1V.HE  
    * Elektrobit (EB) plans to rationalize its operations in the 
Wireless Business Segment in Finland 
    * Targets annual cost savings of about 1 million euros 
    * Says will centralize some of its operations more in Oulu 
and focus roles of its offices in Finland 
    * Sees cost savings to cause non-recurring costs of about 
0.4 million euros that will weaken operating result of last 
quarter 2014 
 
Source text for Eikon:  ID:nHUG7Dgxz3  
Further company coverage:  EBC1V.HE  
 
 (gdynia.newsroom@thomsonreuters.com; +48 58 698 3920) 
 
Keywords: ELEKTROBIT/BRIEF
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