Feb 5 (Reuters) - Fiskars Oyj Abp FSKRS.HE:
FISKARS GROUP'S BUSINESS AREA VITA PLANS CHANGES TO TURN AROUND ITS FINANCIAL PERFORMANCE AND LAY FOUNDATIONS FOR PROFITABLE GROWTH
CHANGES ARE EXPECTED TO LEAD TO A NET REDUCTION OF APPROXIMATELY 310 ROLES GLOBALLY IN BA VITA
PLANNED CHANGES ARE ESTIMATED TO RESULT IN TOTAL ANNUAL COST SAVINGS OF APPROXIMATELY EUR 28 MILLION
CLOSE TO ONE THIRD OF TOTAL SAVINGS IS EXPECTED TO REALIZE IN SECOND HALF OF 2026, AND MAJORITY OF REST OF SAVINGS IN 2027
ONE-OFF COSTS RELATED TO PLANNED CHANGES ARE EXPECTED TO AMOUNT TO A TOTAL OF APPROXIMATELY EUR 9 MILLION
TO REDUCE ABOUT 310 ROLES GLOBALLY IN BA VITA
Source text: ID:nWkrbZqC4J
Further company coverage: FSKRS.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))