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BRIEF-Hexagon launches cost savings programme
February 6, 2017 / 7:07 AM / in 10 months

BRIEF-Hexagon launches cost savings programme

Feb 6 (Reuters) - Hexagon

* Hexagon to launch a cost savings programme

* Programme will affect approximately 480 employees

* Syas expected to drive cash cost savings of approximately 24 MEUR in 2017 and 43 MEUR per annum as of 2018 when fully implemented

* Q4 cash flow impact of programme amounts to approximately -34 MEUR.

* Q4 restructuring costs will be reported as non-recurring items (NRI) in q1 2017. Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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