Brief: Colruyt Secures Collective Agreement On Job Protection Plan In France
11/12/2025 17:42
Dec 11 (Reuters) - Colruyt Group NV COLR.BR: COLRUYT GROUP SECURES MAJORITY COLLECTIVE AGREEMENT ON A JOB PROTECTION PLAN WITH RESPECT TO ITS INTEGRATED RETAIL ACTIVITIES IN FRANCE WOULD RESULT IN A RESTRUCTURING CHARGE ESTIMATED AT BETWEEN EUR 55 MILLION AND EUR 65 MILLION (BEFORE POTENTIAL TAX IMPACTS) IN THE SECOND HALF OF THE 2025/26 FINANCIAL YEAR CASH FLOW STATEMENT WILL BE MAINLY IMPACTED DURING SECOND HALF OF THE 2025/26 FINANCIAL YEAR AS WELL AS DURING THE 2026/27 FINANCIAL YEAR IMPLEMENTATION OF COLLECTIVE AGREEMENT WOULD TAKE PLACE AFTER CLOSING OF THE PROPOSED TRANSACTIONS CLOSING OF THE PROPOSED TRANSACTIONS IS EXPECTED TO OCCUR IN THE LAST QUARTER OF THE 2025/26 FINANCIAL YEAR AGREEMENT VALIDATED BY THE FRENCH EMPLOYMENT AUTHORITIES ON 11 DECEMBER 2025 Source text: tinyurl.com/44yd2v4p Further company coverage: COLR.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;;))