Coty Commences Next Phase Of Transformation Program To Boost Agility And Scale, While Driving Operational Efficiency
ReutersApr 24, 2025 12:21 PM
April 24 (Reuters) - Coty Inc COTY.N:
COTY COMMENCES NEXT PHASE OF TRANSFORMATION PROGRAM TO BOOST AGILITY AND SCALE, WHILE DRIVING OPERATIONAL EFFICIENCY
COTY INC: TARGETING $130M OF FIXED COST SAVINGS IN ADDITION TO $240M OF ONGOING PRODUCTIVITY SAVINGS OVER NEXT 2 YEARS
COTY INC: ONE-TIME CASH COSTS ASSOCIATED WITH PROGRAM ARE EXPECTED TO BE APPROXIMATELY $80M
COTY INC: ESTIMATES THIS INITIATIVE TO IMPACT APPROXIMATELY 700 POSITIONS
COTY INC: SEES CLOSE TO $500M OF SAVINGS BETWEEN FY25-FY27
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.TradingKey
4 hours ago
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion TreTradingKey
18 hours ago
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
