Brief: Robit To Unify Production In UK

Robit Oyj

03/07/2019 14:08

July 3 (Reuters) - Robit Plc  ROBIT.HE :
    * TO UNIFY PRODUCTION OF BRIGHOUSE PRODUCTS (UK) TO OTHER
MANUFACTURING UNITS IN CHESTERFIELD (UK) AND PERTH
    * DTH BUSINESS SEGMENT REPRESENTS OVER 50% OF ROBIT PLC'S
NET
SALES
    * IMPACT ON PERSONNEL WILL BE AT MAXIMUM 25 PERSONS.
    * TRANSFER OF PRODUCTION IS PLANNED TO TAKE PLACE BY END OF
SEPTEMBER 2019
    * TARGETS AN IMPROVEMENT IN ITS PROFITABILITY AND EFFICIENCY
    * PREPARES ITSELF SIMULTANEOUSLY FOR POTENTIAL BREXIT IN UK.
    * WILL RECORD COSTS RELATING TO DECISIONS AND REPORT THESE
AS
ADJUSTMENT ITEMS IN H1/2019

Source text for Eikon:  ID:nGNEc59rMc 
Further company coverage:  ROBIT.HE 

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