BRIEF-Nufarm announces reorganisation of Australian operations

Tue, 18 Mar - 8:01am

March 18 (Reuters) - Nufarm Ltd NUF.AX :

* Nufarm announces reorganisation of Australian operations NUF.AX

* Says changes - to be fully implemented over a two year period - are expected

to result in annual cost savings of up to $13 million

* Says one-off restructuring costs of up to $39 million will be booked in the

current financial year-end statements

* Says review is underway of its manufacturing operations in New Zealand

* Changes include reorganization of various support and administration roles,

with resulting headcount reduction in those functions

* Source: Href="Link">http://r.reuters.com/tys67v

* ((For more news, please click here NUF.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140317:nWNBS00DGA:9
Topics: 
CHEM RES NZ AU CMPNY JOB AGRC BLR ASIA CHE LEN RTRS BACT RESF BMAT

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