BDT birddog technology limited
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Dec 21 (Reuters) - BirdDog Technology Ltd (BDT) : BIRDDOG...

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    21/12/23
    12:05
    Post #: 71567452

    Dec 21 (Reuters) - BirdDog Technology Ltd (BDT) :

    • BIRDDOG TECHNOLOGY LTD SEES IMPROVING PRODUCT MARGINS AS EARLY AS Q3 FY24
    • IMPLEMENTED INITIATIVES TO STREAMLINE OPERATIONAL EFFICIENCIES AND REDUCE EXPENDITURE, COMMENCING DEC 2023
    • INITIATIVES INCLUDE REDUCTION IN FULL TIME EMPLOYEES BY 13 AND CO-WIDE MEASURES TO REDUCE ANNUAL OPERATIONAL EXPENDITURE
    • IN AGGREGATE, CO ANTICIPATES COST IMPROVEMENT INITIATIVES TO RESULT IN AN ANNUALISED OVERHEAD SAVING OF MORE THAN A$2.0 MILLION
    • CONFIDENT INITIATIVES WILL HAVE POSITIVE IMPACT ON REMAINDER OF CO'S FY24 PERFORMANCE
    • EXPECTS PARTIAL BENEFITS TO BE EVIDENT DURING Q2 FY24 FROM INITIATIVES
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