Picture of Systemair AB logo

SYSR — Systemair AB News Story

0.000.00%
se flag iconLast trade - 00:00
IndustrialsAdventurousMid CapHigh Flyer

Brief: Systemair To Discontinue Operations At Production Facility In Netherlands

BRIEF-Systemair To Discontinue Operations At Production Facility In Netherlands

- Systemair AB SYSR.ST:

  • SYSTEMAIR PLANS TO DISCONTINUE OPERATIONS AT ITS PRODUCTION FACILITY IN THE NETHERLANDS

  • APPROXIMATELY 70 EMPLOYEES AT PRODUCTION FACILITY ARE AFFECTED

  • SUBJECT TO OUTCOME OF CONSULTATION PROCESS, PHASE-OUT IS EXPECTED TO BE COMPLETED AT BEGINNING OF 2027.

  • RESTRUCTURING WILL RESULT IN AN ESTIMATED ONE-TIME CHARGE OF APPROXIMATELY 115 MSEK

  • SUBJECT TO OUTCOME OF CONSULTATION PROCESS, PHASE-OUT IS EXPECTED TO BE COMPLETED AT BEGINNING OF 2027

  • A LATER DIVESTMENT OF REAL ESTATE IS ESTIMATED TO RESULT IN A CAPITAL GAIN OF APPROXIMATELY 40 MSEK.

  • RESTRUCTURING EXPECTED TO GENERATE ANNUAL COST SAVINGS OF 35 MSEK

Source text: ID:nWkrhq3Fb

Further company coverage: SYSR.ST


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

Recent news on Systemair AB

See all news