Brief: OVS CEO sees higher than expected cost reduction in second half of year

OVS SpA

15/06/2023 14:37

June 15 (Reuters) - OVS SpA  OVS.MI  CEO Stefano Beraldo
during a call on company's results:
    * ITALY'S OVS CEO SAYS CONSUMER SPENDING IS NOT SLOWING
    * OVS CEO SAYS HE SEES SHARPER THAN EXPECTED COST REDUCTION
IN
SECOND HALF
    * OVS CEO SAYS CO WILL KEEP PRICES STABLE IN H2 AND
PARTIALLY
REDUCE THEM IN THE KIDS SEGMENT
    * OVS CEO SAYS EXPECTED H2 COST REDUCTION WILL BE GREATER
THAN
PRICE REDUCTION IN CHILDREN'S SECTOR


Further company coverage:  OVS.MI 

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