Brief: Simona Implements Cost-Cutting Measures

Simona AG

29/08/2019 15:06

Aug 29 (Reuters) - SIMONA AG  SIMG.F :
    * IMPLEMENTS A COST-CUTTING MEASURES
    * GROUP CONFIRMS ANNUAL TARGETS
    * MEASURES INCLUDE OVERTIME REDUCTION AND SHORT-TIME WORKING
AT
KIRN HEADQUARTERS AS WELL AS INTENSIVE TESTING OF MATERIAL COSTS
AND NEW HIRES
    * SHORT-TIME WORKING STARTS ON SEPT 5 AND IS LIMITED UNTIL
DEC 31

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Further company coverage:  SIMG.F 

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