Brief: Cea Industries Inc. Announces New Cost Saving Initiatives

BNB Standard

27/02/2023 22:27

Feb 27 (Reuters) - CEA Industries Inc  CEAD.O :
    * CEA INDUSTRIES INC. ANNOUNCES NEW COST SAVING INITIATIVES
    * CEA INDUSTRIES INC - FACES CONTINUED SUPPLY CHAIN, LABOR
AND
INFLATIONARY ISSUES THAT ARE IMPACTING CUSTOMERS' CONTRACT
DECISIONS AND IMPLEMENTATION
    * CEA INDUSTRIES INC - INITIATIVES INCLUDE VARIOUS OPERATING
EXPENSE REDUCTIONS AND A REDUCTION IN FORCE
    * CEA INDUSTRIES INC - WILL CONTINUE TO EVALUATE OPERATIONS
AND
WILL TAKE ADDITIONAL ACTIONS AS MARKET CONDITIONS WARRANT

Source text for Eikon:  ID:nGNX6XZPL7 
Further company coverage:  CEAD.O 

 ((Reuters.Briefs@thomsonreuters.com;))