Brief: Bulten Announces Delivery Start And Start-Up Costs For FSP Contract

Bulten AB

07/07/2020 15:32

July 7 (Reuters) - Bulten AB  BULTEN.ST :
    * BULTEN ANNOUNCES DELIVERY START AND START-UP COSTS FOR
NEWLY WON
FSP CONTRACT
    * DATE FOR DELIVERY START IS NOW SET FOR JULY 24, 2020 AND
START-UP COSTS ARE ESTIMATED TO AMOUNT TO APPROXIMATELY EUR 1
MILLION
    * CONTRACT WILL IMPROVE UTILIZATION OF A NUMBER OF
MANUFACTURING
FACILITIES FOR BULTEN AND ITS SUPPLIER BASE, AND WILL NOT
REQUIRE MAJOR INVESTMENTS
    * MARGINAL IMPROVEMENTS ARE EXPECTED WHEN NEW CONTRACT IS
FULLY
IMPLEMENTED AND OPTIMIZATION HAS BEEN CARRIED OUT.

Source text for Eikon:  ID:nWkr2YM9rQ 
Further company coverage:  BULTEN.ST 

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