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BRIEF-Gurit transfers UK prepreg business to Gurit Spain by 2018​
October 3, 2017 / 5:09 AM / 2 months ago

BRIEF-Gurit transfers UK prepreg business to Gurit Spain by 2018​

Oct 3 (Reuters) - GURIT HOLDING AG

* ‍GURIT TRANSFERS UK PREPREG BUSINESS TO GURIT SPAIN BY 2018​

* ‍RESTRUCTURING COST OF CHF 3.1 MILLION IN 2017 AND CHF 0.8 MILLION IN 2018​

* ‍STAFFING REDUCTION OF AROUND 70 FTE IN UK​

* ‍COMPLETION OF TRANSFER BY SUMMER 2018​

* CHF 3.1 MILLION OF ONE-OFF COSTS WILL BE EFFECTIVE IN 2017 FISCAL YEAR AND REMAINDER IN 2018​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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