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Dismantling will take place by March 2030, as the company announced on Thursday in London.
CEO Philip Jansen has drastically reduced its workforce and increased profits in recent years. It aims to save three billion pounds (almost the equivalent of 3.4 billion francs) by the end of 2025 alone.
In the last fiscal year, the group made less turnover but earned more. Group sales adjusted for special effects fell one percent year-on-year to just under £20.7bn (£23bn is good). However, earnings before interest, taxes, amortization and amortization (Ebitda) adjusted for special effects rose five percent to £7.9 billion. The key figures were as the experts expected. (SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
