June 12 Premier Farnell Plc
* Today announcing move to an integrated, global
organisational structure in its mdd americas and mdd europe &
asia pacific marketing and distribution businesses.
* We anticipate that cost to achieve this reorganisation
will be approximately £8million and annualised cost benefits,
once fully implemented, will be in range of £6-8million
* Benefit in current financial year is likely to be minimal
with full benefit anticipated in our 2016 financial year
* Current trading continues to be in line with update
provided in our ims on 15 may 2014.
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