Brief: Eagle Eye Solutions Initiates Cost Reduction Programmes To Mitigate Contract Loss
02/06/2025 07:17
June 2 (Reuters) - Eagle Eye Solutions Group PLC EYE.L: EAGLE EYE SOLUTIONS - US CONTRACT UPDATE EAGLE EYE SOLUTIONS GROUP PLC - ANNOUNCES TERMINATION OF £9M-£10M ANNUAL CONTRACT EAGLE EYE SOLUTIONS GROUP PLC - INITIATES COST REDUCTION PROGRAMMES TO MITIGATE CONTRACT LOSS EAGLE EYE SOLUTIONS - CONTRACT LOSS NOT EXPECTED TO MEANINGFULLY IMPACT CO'S FY25 FINANCIAL RESULTS EAGLE EYE SOLUTIONS- WHILE IMPACT ON FY26 PERFORMANCE WILL BE MATERIAL, EXPECTS MAINTAINING DOUBLE DIGIT ADJUSTED EBITDA MARGIN Source text: ID:nRSB9703Ka Further company coverage: EYE.L ((Reuters.Briefs@thomsonreuters.com;))