March 23 (Reuters) - Oliver's Real Food Ltd (OLI) :
- SIGNED OFF ON A RESTRUCTURE OF BUSINESS
- ONE-OFF COSTS OF $0.9M WILL BE INCURRED IN COMING MONTHS TO IMPLEMENT RESTRUCTURE
- ANNUALISED COST SAVINGS HAVE BEEN FORECASTED AT $4.0M IN FY2022
- RESTRUCTURE WILL DISTINGUISH BETWEEN OLIVER'S REAL FOOD (STORES AND FRANCHISES) & OLIVER'S FOOD TO GO (RETAIL CONVENIENCE)
- MOST OF RESTRUCTURE IS EXPECTED TO BE IMPLEMENTED BY JUNE 2021
- "BUDGET PROJECTIONS CURRENTLY SHOW THAT COMPANY CAN BE PROFITABLE IN FY2022"
March 23 (Reuters) - Oliver's Real Food Ltd (OLI) : SIGNED OFF...
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