Brief: Samuel Heath And Sons Says Action Has Been Taken To Reduce Costs
21/11/2023 07:59
Nov 21 (Reuters) - Samuel Heath and Sons PLC HSM.L :
* SAMUEL HEATH AND SONS PLC - ACTION HAS NOW BEEN TAKEN TO
REDUCE
COSTS AND IMPROVE EFFICIENCY, INCLUDING 10 REDUNDANCIES (7% OF
WORKFORCE)
* SAMUEL HEATH AND SONS PLC - PROBABLE THAT SECOND HALF WILL
RECORD A LOSS AFTER REDUNDANCY COSTS
* SAMUEL HEATH AND SONS: TRADING CONDITIONS IN 2ND HALF
WORSENED
MATERIALLY, SINCE JUNE ORDER BOOK HAS BEEN RUNNING CONSISTENTLY
BELOW MANAGEMENT BUDGET
Source text for Eikon: ID:nRSU0455Ua
Further company coverage: HSM.L