Brief: Von Roll Holding plans cost-reduction measures, to cut up to 160 jobs

Von Roll Holding AG

05/07/2016 06:31

July 5 (Reuters) - Von Roll Holding AG  ROL.S : 
    * In addition to further investments of around 30 million 
Swiss francs during 2016 financial year, company plans to 
implement extensive measures to reduce its underlying fixed 
costs and increase its overall efficiency 
    * Measures would reduce annual fixed costs by more than 18 
million Swiss francs 
    * There are plans to reduce headcount by up to 160 jobs, 
including around 50 in Switzerland 
    * Restructuring costs are estimated to amount to some 8 
million Swiss francs 
    * Implementing planned reduction in numbers will enable some 
4 million Swiss francs to be saved during 2016 financial year 
itself 
 
Source text for Eikon:  ID:nEQ3LXg5Ha  
Further company coverage:  ROL.S  
 
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