Brief: Cloetta's new line at factory in Turnhout expected to be operational in Q2 2018
25/10/2017 07:15
Oct 25 (Reuters) - CLOETTA AB CLOEb.ST :
* DAMAGED LINE AT FACTORY IN TURNHOUT WILL BE REPLACED BY A
NEW LINE EXPECTED TO BE OPERATIONAL IN Q2 2018
* SAYS ESTIMATED SYNERGY SAVINGS FROM CANDYKING OF SEK
100M ON AN ANNUAL BASIS FROM 2020 STANDS FIRM
* SAVING INITIATIVES WILL BE IMPLEMENTED IN 2018 AND ARE
EXPECTED TO GIVE FULL SAVINGS IN 2019
Source text for Eikon: ID:nNDL9Z5WlR
Further company coverage: CLOEb.ST
(Gdynia Newsroom)
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