Brief: Scandinavian Brake Systems in final agreement on transfer of packaging operations to Poland

SCANDINAVIAN BRAKE SYSTEMS Under frivillig likvidation A/S

14/10/2015 11:17

Oct 14 (Reuters) - Scandinavian Brake Systems A/S  SBS.CO : 
    * Has entered into final agreement on transfer of packaging operations to Poland 
    * Transfer of packaging operations to Poland to start at beginning of 2016, to be completed 
by end of H1 2016 
    * Says group EBITDA expected to be affected negatively by shutdown expenses/special items 
for FY 2015 of 12 million - 15 million Danish crowns ($1.8 million - $2.3 million) 
    * Says migration is expected to affect group EBITDA positively with 5 million - 6 million 
crowns in FY 2016 
 
 
Source text for Eikon:  ID:nCSE61CN  
     
Further company coverage:  SBS.CO  
 
($1 = 6.5408 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))