Reuters logo
BRIEF-Linz Textil Holding: positive 2017 group result still possible
November 10, 2017 / 7:16 AM / a month ago

BRIEF-Linz Textil Holding: positive 2017 group result still possible

Nov 10 (Reuters) - LINZ TEXTIL HOLDING AG:

* SAID ON THURSDAY IMPLEMENTATION OF PREVIOUSLY ANNOUNCED STRUCTURAL ADJUSTMENTS IN THE LINZ TEXTIL GROUP

* PRODUCTION IN SPINNING FACTORY LINZ TO BE WITHDRAWN BY THE END OF MAY 2018 AT THE LATEST

* DECOMMISSIONING OF THE SPINNING FACTORY IN LINZ AFFECTS ABOUT 30 EMPLOYEES

* NEGATIVE ANNUAL RESULT FOR THE “TEXTILE SEMIFINISHED PRODUCTS” SEGMENT IS TO BE EXPECTED IN 2017, WHEREBY IT CAN BE ASSUMED THAT A POSITIVE RESULT WILL BE ACHIEVED AT GROUP LEVEL

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below