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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Edison Investment Research
Provider: GlobalData

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Groupe Monceau Fleurs SA Announces 2013 Cost Cutting Plan

Tuesday, 5 Feb 2013 12:07pm EST 

Groupe Monceau Fleurs SA announced it is to implement a restructuring plan in 2013 in order to cut operational costs. The plan includes a reorganization of its transport chain, which should have a positive impact for the Company estimated at EUR 0.7 million and cut transport costs for franchisees. The plan also includes an optimization of preparation costs via the opening of new units in the Netherlands, and an optimization of its products purchasing costs via partnerships with producers and exporters. 

Company Quote

-0.08 -13.33%
16 Sep 2014