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BRIEF-Hill International reiterates full year 2017 revenue guidance
August 21, 2017 / 11:06 AM / 3 months ago

BRIEF-Hill International reiterates full year 2017 revenue guidance

Aug 21 (Reuters) - Hill International Inc

* Hill International announces profit improvement plan and reiterates full year 2017 revenue guidance

* At this point, company has reduced its back office workforce by more than 70 employees

* Company’s total backlog at June 30, 2017 was $895 million, up 1.3 pct from $883 million at March 31, 2017

* Partial year savings through December 31, 2017 will be approximately $3.5 million (excluding restructuring related costs)

* Says company expects to incur additional future charges of approximately $6.0 million

* ‍Company identified estimated annualized pre-tax savings ranging from $27.0 million to $38.0 million from initiatives​ Source text for Eikon: Further company coverage:

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