Brief: Consti Is Launching Program To Improve Profitability

Consti Oyj

07/02/2019 06:35

Feb 7 (Reuters) - Consti Group Plc  CONSTI.HE :
    * REG-CONSTI IS LAUNCHING A PROGRAM TO IMPROVE PROFITABILITY
AND
RENEWING ITS SEGMENT REPORTING
    * PROGRAM AIMS AT ACHIEVING AN APPROXIMATELY 2 MILLION-EURO
ANNUAL
COST SAVING
    * IMPACT OF PROGRAM WILL BE COMMUNICATED IN MORE DETAIL AS
PLANS
ARE SPECIFIED
    * COST SAVINGS ARE EXPECTED TO TAKE EFFECT FULLY FROM
BEGINNING OF
2020 ONWARDS
    * PROGRAM'S COSTS ARE ESTIMATED TO AMOUNT TO APPROXIMATELY
0.5
MILLION EURO AND ESTIMATED TO BE FULLY EXPENDED DURING 2019
    * IS ALTERING ITS SEGMENT REPORTING DUE TO CHANGE IN ITS
ORGANISATIONAL STRUCTURE
    * COSTS ARE ESTIMATED TO AMOUNT TO APPROXIMATELY 0.5 MILLION
EURO
AND ESTIMATED TO BE FULLY EXPENDED DURING 2019
    * PLANNED ACTIONS INCLUDE STRUCTURAL CHANGES AND ALSO
DEVELOPING
COMMON PROCESSES AND OPERATIONAL MODEL

Source text for Eikon:  ID:nGNE2NJQTg 
Further company coverage:  CONSTI.HE 

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