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May 25 (Reuters) - Antaria Ltd (ANO) : Transition to contract...

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    25/05/16
    16:02
    Post #: 17864709

    May 25 (Reuters) - Antaria Ltd (ANO) :

    • Transition to contract manufacturing (ANO)
    • Says board is currently in early discussions, on a confidential basis, with a

      number of contract manufacturers in australi

    • Says the strategy should lead to reduction in manufacturing costs,

      improvement in consistency of product as well as a reduction in fixed costs

    • Lost a number of employees due to the pending relocation process without any

      significant cost in redundancies or any effect on sales"
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