March 3, 2020 / 11:55 AM / a month ago

BRIEF-Gooch & Housego Plans To Streamline Acousto Optic, Precision Optic Manufacturing

March 3 (Reuters) - Gooch & Housego PLC:

* GOOCH & HOUSEGO PLC - PLANS TO STREAMLINE ITS ACOUSTO OPTIC (AO) AND PRECISION OPTIC (PO) MANUFACTURING.

* GOOCH & HOUSEGO PLC - TOTAL INVESTMENT IS EXPECTED TO BE C. £5 MILLION ACROSS FY2020 AND FY2021

* GOOCH & HOUSEGO PLC - SAVINGS ARE EXPECTED TO BUILD OVER TIME, WITH AIM OF ACHIEVING A POSITIVE BENEFIT IN SECOND HALF OF FY2021 Source text for Eikon: Further company coverage:

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