Brief: Pitney Bowes Says Cost Rationalization Program's Increased Savings Target Is $120 Mln To $160 Mln

Pitney Bowes

01/07/2024 13:04

July 1 (Reuters) - Pitney Bowes Inc  PBI.N :
    * PITNEY BOWES PROVIDES UPDATE ON ACCELERATED PROGRESS OF
COST
RATIONALIZATION PROGRAM AND INCREASES SAVINGS TARGETS
    * PITNEY BOWES INC: COST RATIONALIZATION PROGRAM'S INCREASED
SAVINGS TARGET IS $120 MILLION TO $160 MILLION
    * PITNEY BOWES INC: COST REDUCTIONS ANTICIPATED TO BE
LARGELY
REFLECTED IN SECOND HALF OF 2024 PRE-TAX EARNINGS AND FULLY
REFLECTED IN 2025

Source text for Eikon:  ID:nBw8s3SpVa 
Further company coverage:  PBI.N 

 ((Reuters.Briefs@thomsonreuters.com;))