Figeac Aero SARL logo

FGA - Figeac Aero SARL News Story

€5.48 -0.1  -1.3%

Last Trade - 1:48pm

Sector
Industrials
Size
Small Cap
Market Cap £150.8m
Enterprise Value £432.0m
Revenue £274.4m
Position in Universe 468th / 847

BRIEF-Figeac Aero Plans Reorganisation In Main Production Site

Thu 27th August, 2020 5:26pm
Aug 27 (Reuters) - FIGEAC AERO SARL  FGA.PA :
    * PLANS NEW MEASURES TO ADAPT TO A PERSISTENTLY DIFFICULT
MARKET
ENVIRONMENT
    * ADAPTATION OF ORGANISATION OF MAIN PRODUCTION UNIT:
VOLUNTARY
DEPARTURE FOLLOWED BY A JOB PROTECTION PLAN
    * OTHER MEASURES BEING STUDIED AT GROUP'S OTHER SITES TO
ADAPT
COST STRUCTURE TO CRISIS
    * SHOULD BE ABLE TO LIMIT STAFF REDUCTION TO 320 POSITIONS
OF
TOTAL 966 AT FIGEAC SITE
    * FIGEAC AERO WILL WORK WITH ITS SOCIAL PARTNERS TO LIMIT
THE
IMPACT OF THIS PLAN
    * PROCESS OF CONSULTATION WITH SOCIAL PARTNERS HAS STARTED
WITH
VIEW TO CONCLUDING AGREEMENTS FOR IMPLEMENTATION FROM JANUARY
2021

Source text for Eikon:  ID:nACT64788 
Further company coverage:  FGA.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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