Oct 21 (Reuters) - Husqvarna AB HUSQb.ST:
HUSQVARNA GROUP CONTINUES TO IMPROVE COST EFFICIENCY THROUGH PLANT CLOSURE
ALL MANUFACTURING THAT TAKES PLACE IN FACTORY WILL BE OUTSOURCED TO THIRD PARTIES
PRODUCTION IN BRASTAD WILL BE PHASED OUT GRADUALLY WITH PLANNED DECOMMISSIONING DURING FIRST HALF OF 2027
ANNUAL SAVINGS FROM CLOSURE ARE EXPECTED TO AMOUNT TO APPROXIMATELY SEK 100 MILLION, WITH FULL EFFECT FROM 2027
COSTS RELATED TO DECOMMISSIONING ARE EXPECTED TO AMOUNT TO APPROXIMATELY SEK 140 MILLION
FACTORY IN BRASTAD HAS 84 EMPLOYEES
Source text: ID:nWkr9Qysqn
Further company coverage: [HUSQb.ST]
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