BKG booktopia group limited
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News: BKG Booktopia Says It Implemented Initiatives To Get A$12 Mln To A$15 Mln In Annualised...

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    23/01/23
    12:15
    Post #: 65829991

    Jan 23 (Reuters) - Booktopia Group Ltd (BKG) :

    • IMPLEMENTED INITIATIVES EXPECTED TO DELIVER ABOUT A$12 - A$15 MILLION OF ANNUALISED IMPROVEMENTS TO EARNINGS
    • IMPROVEMENTS TO ITS EARNINGS TO BE PRIMARILY REALISED IN FY24 AND BEYOND
    • UNDERTAKES ORGANISATIONAL RESTRUCTURE TO REDUCE COSTS AND INVOLVES 30 TO 40 REDUNDANCIES RESULTING IN A$4-5MLN IN ANNUALISED COST SAVINGS
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    lightbulb Created with Sketch.  Great analysis
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