Comtech Says Working With Independent Advisors To Identify Opportunities To Align Cost Structure; Expects Near-term Restructuring Charges
Comtech Says Working With Independent Advisors To Identify Opportunities To Align Cost Structure; Expects Near-term Restructuring Charges
In connection with the Board's transformative strategy, the Company has undertaken a detailed evaluation of its S&S portfolio to identify opportunities to divest, separate and/or rationalize businesses or facilities that are not core to Comtech's go-forward focus.
爲了董事會的轉型策略，公司已經對其S&S投資組合進行了詳細評估，以確定剝離、分離或精簡那些與Comtech未來核心重點業務無關的業務或設施的機會。
Consistent with this effort, in its fourth fiscal quarter, Comtech made the decision to exit its subsidiary operations in Basingstoke, United Kingdom.
爲了實現這一努力，Comtech在其第四財季決定退出位於英國英國的子公司業務。
Taking into consideration the significant ongoing investment as well as unfavorable contract terms on prospective antenna sales, the Board concluded the U.K. business would not generate an attractive return on invested capital and made the decision to exit these operations. After anticipated restructuring charges associated with the exit of the Basingstoke operations, Comtech expects to realize approximately $10 million of annual cash savings.
考慮到持續巨額投資以及未來特斯拉-天線銷售不利的合同條件，董事會得出結論認爲英國業務無法帶來吸引人的資本回報，並決定退出這些業務。預計與退出Basingstoke業務相關的重組費用後，Comtech預計將實現約1000萬美元的年度現金儲蓄。
譯文內容由第三人軟體翻譯。
