Brief: Cherry SE Says Management Board Resolves Package Of Measures For Substantial Realignment Of Keyboard Switch Business
03/11/2023 18:07
Nov 3 (Reuters) - Cherry Se C3RY.DE :
* EQS-ADHOC: CHERRY SE: MANAGEMENT BOARD RESOLVES PACKAGE OF
MEASURES FOR SUBSTANTIAL REALIGNMENT OF KEYBOARD SWITCH BUSINESS
* ADJUSTMENT OF GLOBAL ORGANIZATIONAL SIZE FROM CURRENT 455
FULL-TIME EQUIVALENTS TO APPROXIMATELY 350 EFFECTIVE MARCH 30,
2024
* TOTAL EXPENSES OF AROUND EUR 20 MILLION ARE EXPECTED IN
FISCAL
YEAR 2023
* SEES NO IMPACT ON COMPANY'S CURRENT FORECAST FOR ADJUSTED
EBITDA
MARGIN FOR FULL YEAR 2023 OF AROUND 10%
Source text for Eikon: ID:nEQ382dGya
Further company coverage: C3RY.DE
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