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Martela To Outsource Logistics Operations

Thursday, 22 Aug 2019

Aug 22 (Reuters) - Martela Oyj ::REG-MARTELA CORPORATION TO OUTSOURCE LOGISTICS OPERATIONS.MARTELA CORP. AND BARONA LOGISTICS SOLUTIONS LTD (BARONA LOGISTICS) HAVE SIGNED AN AGREEMENT TO OUTSOURCE INHOUSE LOGISTICS AND A PART OF DISPATCH OPERATION OF MARTELA'S NUMMELA PRODUCTION PLANT TO BARONA LOGISTICS.SUBJECT TO TRANSACTION 19 MARTELA'S EMPLOYEES WILL BE TRANSFERRED TO BARONA LOGISTICS AS EXISTING EMPLOYEES AS OF SEPTEMBER 1, 2019.TRANSACTION IS PART OF A PREVIOUSLY ANNOUNCED COST EFFICIENCY PROGRAM TO ALIGN COST BASE STRUCTURE MORE FLEXIBLE.

Kimball International Says Approved A Transformation Plan

Thursday, 20 Jun 2019

June 20 (Reuters) - Kimball International Inc ::KIMBALL INTERNATIONAL INC ANNOUNCES TRANSFORMATION PLAN.KIMBALL INTERNATIONAL INC - APPROVED A TRANSFORMATION PLAN IN ALIGNMENT WITH KIMBALL INTERNATIONAL CONNECT STRATEGY.KIMBALL INTERNATIONAL INC - REVIEW OF OVERALL MANUFACTURING FACILITY FOOTPRINT TO REDUCE EXCESS CAPACITY AND GAIN EFFICIENCIES.KIMBALL INTERNATIONAL INC - EFFORTS EXPECTED TO RESULT IN ANNUALIZED PRE-TAX SAVINGS OF APPROXIMATELY $10.0 MILLION.KIMBALL INTERNATIONAL INC - TRANSFORMATION PLAN WILL BEGIN IMMEDIATELY.KIMBALL INTERNATIONAL INC - EXPECTS A SUBSTANTIAL MAJORITY OF UNDERLYING ACTIVITIES OF ACTIONS TO BE COMPLETED BY END OF ITS FISCAL YEAR 2020.KIMBALL INTERNATIONAL INC - REALLOCATION OF KIMBALL BRAND SELLING RESOURCES TO HIGHER-GROWTH MARKETS; EXIT FOUR PRODUCT SHOWROOMS ACROSS BRANDS.KIMBALL INTERNATIONAL INC - TARGETING AN ADDITIONAL SAVINGS IN FISCAL YEAR 2020 OF $8.0 MILLION RELATED TO OTHER COST REDUCTION INITIATIVES.KIMBALL INTERNATIONAL INC - COMPANY IS ALSO TARGETING AN ADDITIONAL SAVINGS IN FISCAL YEAR 2020 OF $8.0 MILLION.KIMBALL INTERNATIONAL - TOTAL SAVINGS IN FISCAL 2020 RELATED TO TRANSFORMATION PLAN, OTHER COST REDUCTION INITIATIVES EXPECTED TO BE ABOUT $16.0 MILLION.KIMBALL INTERNATIONAL - SAVINGS IN FISCAL 2020 RELATED TO TRANSFORMATION PLAN & COST REDUCTION INITIATIVES IS EXPECTED TO BE ABOUT $16 MILLION.KIMBALL INTERNATIONAL INC - POSITIONS OF PRESIDENT, CHIEF OPERATING OFFICER, CURRENTLY BEING HELD BY VAN WINKLE, WOULD BE ELIMINATED.

BioSmart to merge with BS International

Friday, 19 Oct 2018

Oct 19(Reuters) - BioSmart Co Ltd <038460.KQ> ::Says it will merge with BS International and merge ratio is 1:0 between BioSmart and BS International.Says merge effective date is Dec. 26.

Essendant Reports Q1 GAAP Loss Per Share Of $1.40

Wednesday, 25 Apr 2018

April 25 (Reuters) - Essendant Inc ::ESSENDANT REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.12.Q1 GAAP LOSS PER SHARE $1.40.Q1 SALES $1.2 BILLION.SEES FY 2018 SALES DOWN 3 PERCENT.CONFIDENT WILL DELIVER MORE THAN HALF OF OUR EXPECTED COST SAVINGS IN 2018.2018 ADJUSTED DILUTED EARNINGS PER SHARE IS EXPECTED TO INCREASE IN SECOND HALF OF 2018 COMPARED TO FIRST HALF.ESSENDANT - SEES FREE CASH FLOW GENERATED BY BUSINESS FOR 2018, INCORPORATING COSTS, BENEFITS OF RESTRUCTURING, TO BE IN EXCESS OF $40 MILLION FOR 2018.

Knoll Reports Q1 EPS Of $0.31

Wednesday, 25 Apr 2018

April 25 (Reuters) - Knoll Inc ::Q1 ADJUSTED EARNINGS PER SHARE $0.35 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $0.31.Q1 REVENUE $296.6 MILLION VERSUS I/B/E/S VIEW $296.8 MILLION.Q1 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.MUUTO NORTH AMERICA ROLL-OUT ON TRACK FOR Q2.QTRLY DILUTED EARNINGS PER SHARE NEGATIVELY IMPACTED BY LOSS ON EXTINGUISHMENT OF DEBT, ACQUISITION EXPENSES, RESTRUCTURING CHARGES.

Fila FY Net Profit Down At EUR 15.8 Mln

Wednesday, 21 Mar 2018

March 21 (Reuters) - FILA FABBRICA ITALIANA LAPIS ED AFFINI SPA ::FY CORE BUSINESS REVENUE EUR 510.4 MILLION VERSUS EUR 422.6 MILLION YEAR AGO.FY ADJUSTED NET PROFIT EUR 29.1 MILLION VERSUS EUR 28.2 MILLION YEAR AGO.PROPOSES DIVIDEND OF EUR 0.09 PER SHARE.FY NET PROFIT EUR 15.8 MILLION VERSUS EUR 21.0 MILLION YEAR AGO.

ACCO Brands Q4 Earnings Per Share $0.68

Wednesday, 14 Feb 2018

Feb 14 (Reuters) - Acco Brands Corp ::ORATION REPORTS FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.48.Q4 EARNINGS PER SHARE $0.68.Q4 SALES ROSE 30 PERCENT TO $566.8 MILLION.Q4 SAME STORE SALES FELL 3 PERCENT.SEES FY 2018 SALES UP ABOUT 2 PERCENT.SEES 2018 ADJUSTED EPS GROWTH OF 12-15%.‍ 2018 FREE CASH FLOW IS EXPECTED TO BE APPROXIMATELY $180 MILLION​.SEES 2018 FREE CASH FLOW IS EXPECTED TO BE APPROXIMATELY $180 MILLION.SEES 2018 ADJUSTED EARNINGS PER SHARE OF $1.33-$1.37.Q4 EARNINGS PER SHARE VIEW $0.44, REVENUE VIEW $563.4 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.23, REVENUE VIEW $1.97 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY NET INCOME INCLUDES $23.8 MILLION TAX BENEFIT AND $7.4 MILLION OF RESTRUCTURING AND INTEGRATION CHARGES.

UE Furniture merges two wholly owned furniture units

Friday, 29 Dec 2017

Dec 29 (Reuters) - UE Furniture Co Ltd <603600.SS> ::Says it completed merger with two wholly owned furniture subsidiaries .

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