Nexity Implements Redundancy Plan For 500 Employees
April 25 (Reuters) -Nexity SA NEXI.PA:
Q1 BACKLOG RELATIVELY STABLE AT EUR 5.1 BILLION, EQUATING TO 2 YEARS' REVENUE
Q1 2024 BUSINESS ACTIVITY AND REVENUE
GROUP REVENUE OF EUR 770 MILLION, IN LINE WITH OUR EXPECTATIONS (DOWN 14%)
BACKLOG RELATIVELY STABLE AT EUR 5.1 BILLION, EQUATING TO 2 YEARS' REVENUE
2024 GUIDANCE UNCHANGED
IMPLEMENTATION OF SUPPORT MEASURES FOR 500 EMPLOYEES AS PART OF A REDUNDANCY PLAN
PLAN TO REDUCE OPERATING EXPENSES AIMED AT REDUCING OUR COST BASE BY €95 MILLION, EQUATING TO 16% REDUCTION
Source text for Eikon: ID:nGNE6d510s
Further company coverage: NEXI.PA
(Gdansk Newsroom)
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