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Pilkington Deutschland reduces losses and restructures

The Pilkington Deutschland group has reported group turnover of DM 1.7 billion (1.8 billion) for the financial year to 31 March 1999. Operating losses were reduced to DM 1.4 million (11.3 million).
A…

The Pilkington Deutschland group has reported group turnover of DM 1.7 billion (1.8 billion) for the financial year to 31 March 1999. Operating losses were reduced to DM 1.4 million (11.3 million). A two-year group restructuring phase should be largely completed in 1999/2000, according to a recent report. Related improvements are expected to positively influence earnings in this financial year. No further information was given.

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