Brief: Consistent Announces Cost Reduction And Structural Optimizations

Komax Holding AG

13/08/2024 06:05

Aug 13 (Reuters) - Komax Holding AG  KOMN.S :
    * CONSISTENT COST REDUCTION AND STRUCTURAL OPTIMIZATIONS AS
THE
BASIS FOR FUTURE PROFITABLE GROWTH
    * KOMAX HOLDING AG - GROUP EXPECTS REVENUES FOR 2024 AS A
WHOLE TO
BE AROUND 20% LOWER THAN IN PREVIOUS YEAR
    * KOMAX HOLDING AG - COST AND STRUCTURE OPTIMIZATIONS
EXPECTED TO
LEAD TO SAVINGS OF APPROXIMATELY CHF 20 MILLION BY END OF 2024
    * KOMAX HOLDING- TWO SCHLEUNIGER PRODUCTION LOCATIONS IN
GERMANY
IN JETTINGEN AND SÖMMERDA WILL BE CLOSED IN SECOND HALF OF YEAR

Source text for Eikon:  ID:nEQbRh7zsa 
Further company coverage:  KOMN.S 

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