Vaisala cuts costs to improve profitability and competitiveness
(Thomson Reuters ONE) -
Vaisala Croporation Stock exchange release May 11, 2010 at 8:35
a.m.
Vaisala is going to reduce costs to improve its profitability and strengthen
competitiveness in the global environmental measurement markets. Through a
thorough review of its entire cost base, the company is looking for a total of
approximately EUR 12 million annual savings.
At the same time, Vaisala will align its organization to meet the needs of its
market segments more effectively.
As part of the profitability improvement plan, the company plans to reduce
approximately 100 employees and starts the related negotiation processes. Of the
planned reductions, approximately 60 will be in Finland, 30 in the US and 10 in
the UK.
The planned reductions concern the whole company except for the Controlled
Environment business area.
More information
Jouni Lintunen, CFO, tel. +358 40 5790 181
Helena Marjaranta, SVP, Communications, tel. +358 40 581 9102
US contact:
Scott Sternberg, EVP Services and President, Vaisala Inc., tel. +1 303 547 7624
About Vaisala
Vaisala is a global leader in environmental and industrial measurement. Building
on more than 70 years of experience, Vaisala contributes to a better quality of
life by providing a comprehensive range of innovative observation and
measurement products and services for meteorology, weather critical operations
and controlled environments. Headquartered in Finland, Vaisala employs over
1400 professionals worldwide and is listed on the NASDAQ OMX Helsinki.
www.vaisala.com
[HUG#1414523]
Unternehmensinformation / Kurzprofil:
Datum: 11.05.2010 - 07:36 Uhr
Sprache: Deutsch
News-ID 20629
Anzahl Zeichen: 0
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 252 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Vaisala cuts costs to improve profitability and competitiveness"
steht unter der journalistisch-redaktionellen Verantwortung von
Vaisala Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
