April 4 (Reuters) - Simonds Group Ltd (SIO) :
- COMPLETED NEXT STAGE OF ONGOING REVIEW OF OPERATIONS
- STARTING TO SEE IMPROVEMENTS TO INPUT COSTS AND TRADE AVAILABILITY
- CONDITIONS WILL CONTINUE TO BE CHALLENGED FOR NEAR TERM
- DEVELOPED REVISED STRATEGY THAT DIVERSIFIES CO'S EXPOSURE TO RETAIL SALES BY INVESTING IN ALTERNATIVE AND PROFITABLE CHANNELS TO MARKET
- IMPLEMENTING SEVERAL INITIATIVES THAT WILL FURTHER REDUCE OVERHEADS INCLUDING RIGHT-SIZING WORKFORCE TO REFLECT PROJECTED DEMAND
- SAVINGS FROM REDUCED OVERHEADS WILL BE DIRECTED TO ACCELERATE ENTRY, AMONG OTHERS IN NEW MARKET SEGMENTS OF PROJECTS AND WHOLESALE
April 4 (Reuters) - Simonds Group Ltd (SIO) : COMPLETED NEXT...
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