Brief: Elanders Implements Cost-Cutting And Streamlining Program In The German Operations

Elanders AB

15/11/2019 07:12

Nov 15 (Reuters) - Elanders AB  ELANb.ST :
    * REG-ELANDERS IMPLEMENTS COST-CUTTING AND STREAMLINING
PROGRAM IN
THE GERMAN OPERATIONS
    * WILL IMPLEMENT A COST-CUTTING AND STREAMLINING PROGRAM
DURING Q4
    * THIS WILL PRIMARILY AFFECT GERMAN OPERATIONS IN ELANDERS'
SUBGROUP LGI, WHICH IS PART OF BUSINESS AREA SUPPLY CHAIN
SOLUTIONS
    * ONE-OFF COSTS OF SOME MSEK 60 WILL BE CHARGED TO RESULT
FOR Q4
IN CONNECTION WITH IMPLEMENTATION OF PROGRAM
    * PROGRAM IS CALCULATED TO GENERATE SAME AMOUNT IN YEARLY
SAVINGS
GOING FORWARD STARTING FROM 2020.

Source text for Eikon:  ID:nGNE7y6ZQ4 
Further company coverage:  ELANb.ST 

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