Brief: Uni-Select Expects To Record Restructuring & Other One-Time Charges Of About $20 Mln In 2020
22/06/2020 19:54
June 22 (Reuters) - Uni-Select Inc UNS.TO :
* UNI-SELECT INC. PROVIDES A BUSINESS UPDATE
* UNI-SELECT INC - OPERATING PERFORMANCE WAS BETTER THAN
ANTICIPATED WITH SALES FOR APRIL AND MAY
* UNI-SELECT INC - BELIEVE THAT ALL OPERATING UNITS HAVE
PERFORMED
EITHER IN LINE WITH THEIR RESPECTIVE MARKETS OR AHEAD
* UNI-SELECT INC - EXPECTS TO RECORD RESTRUCTURING AND OTHER
ONE-TIME CHARGES OF APPROXIMATELY $20 MILLION IN 2020 MAINLY DUE
TO RIGHT-SIZING INITIATIVES.
Source text for Eikon: ID:nCNWBk9Wha
Further company coverage: UNS.TO
((Reuters.Briefs@thomsonreuters.com;))
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