Brief: Fidia Issues Business Plan 2020-2024

Fidia SpA

30/06/2020 06:58

June 30 - Fidia SpA  FDA.MI :
    * SAID ON MONDAY BOARD APPROVED BUSINESS PLAN 2020-2024
    * GROUP'S FIVE-YEAR STRATEGY IS BASED ON THREE GUIDELINES
    * FIRST GUIDELINE IS TO CONTINUE AND REAP THE BENEFITS OF
INVESTMENTS MADE IN THE PREVIOUS THREE-YEAR PERIOD
    * SECOND GUIDELINE IS TO CARRY OUT ESSENTIAL SET OF
EFFICIENCY
MEASURES
    * THIRD GUIDELINE IS TO CERTIFY VOLUME OF REVENUES TO A
GRADUAL
RETURN TO PRE-CRISIS FIGURES
    * IS IMPLEMENTING COMPANY RESTRUCTURING TAKING INTO ACCOUNT
CONSIDERABLE REDUCTION OF PERSONNEL AND OPERATING COSTS
    * BOARD ASSIGNED FIDIA GROUP IMPAIRMENT TEST TO PRAXI

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1sp5Q0
    
 Further company coverage:  FDA.MI