Brief: Carclo Announces Strategic Decision To Close Derry Facility

Carclo

25/10/2023 17:51

Oct 25 (Reuters) - Carclo PLC  C1Y.L :
    * CARCLO STRATEGIC DECISION TO CLOSE DERRY FACILITY
    * ONE-TIME EXPENSES ASSOCIATED WITH FACILITY CLOSURE ARE
ESTIMATED
TO TOTAL £0.8 MILLION
    * STRATEGIC MOVE IS EXPECTED TO RESULT IN ANNUALIZED SAVINGS
OF
APPROXIMATELY £0.4 MILLION IN UNADJUSTED EBIT

Source text for Eikon:  ID:nRSY2987Ra 
Further company coverage:  C1Y.L 

 (Reuters.Briefs@thomsonreuters.com)