Brief: Robit Updates On Its Efficiency Program

Robit Oyj

07/08/2019 06:16

Aug 7 (Reuters) - Robit Plc  ROBIT.HE :
    * : ROBIT PLC HALF YEAR REPORT 1 JANUARY–30 JUNE 2019:
EFFICIENCY
PROGRAMME ADVANCING – ORDER INTAKE IS AT A GOOD LEVEL
    * PRODUCTION AT SHERMAN FACTORY IN USA WAS DISCONTINUED AND
TRANSFERRED TO OTHER MANUFACTURING PLANTS
    * DECIDED TO TRANSFER MANUFACTURING OF HALCO PRODUCTS IN
BRIGHOUSE
(UK) TO ROBIT'S FACTORIES IN CHESTERFIELD (UK) AND PERTH (AU)
    * THROUGH DECISION, COMPANY WILL PREPARE AT SAME TIME FOR A
POSSIBLE BREXIT.
    * Q2 OPERATING RESULT WAS NEGATIVELY IMPACTED BY A EUR 1.0
MILLION
WRITE-DOWN RELATED TO A LEASE LIABILITIES AT HALCO BRIGHOUSE
PRODUCTION PLANT

Source text for Eikon:  ID:nGNE4fcBYq 
Further company coverage:  ROBIT.HE 

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