Brief: Uponor Updates Savings Target And Schedule Of Its Operational Excellence Programme

Uponor Oyj

05/05/2021 06:06

May 5 (Reuters) - Uponor Oyj  UPONOR.HE :
    * REG-UPONOR UPDATES THE SAVINGS TARGET AND SCHEDULE OF ITS
OPERATIONAL EXCELLENCE PROGRAMME
    * WE EXPECT THAT WE WILL REACH ORIGINAL EUR 20 MILLION
TARGET OF
ANNUAL SAVINGS BY END OF THIS YEAR AS PLANNED.
    * EXTEND DURATION OF PROGRAMME UNTIL END OF FIRST HALF OF
2022 TO
GENERATE EUR 25 MILLION ANNUAL SAVINGS IN TOTAL
    * ONE-TIME COSTS OF FULL PROGRAMME ARE ESTIMATED TO BE
AROUND EUR
22 MILLION, OF WHICH EUR 11.8 MILLION WAS ALREADY EXPENSED IN
END OF 2020.

Source text for Eikon:  ID:nGNE788gZR 
Further company coverage:  UPONOR.HE 

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