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IN BRIEF: Calisen To Cut Up To 250 Jobs In Lowri Beck Restructuring

18th Jun 2020 18:25

Calisen PLC - Manchester-based energy meter reading services company - Details plans to restructure its Lowri Beck business - expected to result in up to 250 job cuts - due to coronavirus crisis. Plans expected to result in Lowri Beck "achieving at least break-even at an EBITDA level in financial 2021 and making a positive contribution to the group in the medium term".

Current stock price: 199.15

Year-to-date change: down 17%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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