BRIEF-CSR takes $90 million restructuring charge

Tue Dec 10, 2013 2:06am EST

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Dec 10 (Reuters) - CSR PLC : * Discontinuing investment in camera-on-a-chip (coach) * To increase focus on growth market areas * Expect to reach mid-teens underlying operating profit margin on a quarterly

run-rate by the end of 2014 * Expects to realise approximately $30 million of underlying operating cost

reductions during 2014 * An impairment charge in its 2013 financial year of approximately $90 million * CSR expects its fourth quarter 2013 revenues to be between $200 million to

$210 million * Source text

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