Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have.
Also a board will leave the company: “At the end of the lease term on 31 December, Peter cooling, Chief Financial Officer of the Open Shop Holding, leaving the company,” lets the company said via mandatory release.
At 30 September, employs 165 people. As before, the company has cash in the amount of 66.7 million euros at the end of the reporting period. The company has also announced to go with the “USU AG” together. To achieve this, the shop will be open before the end of a voluntary tender offer submitted under takeover code in the ratio 5:7. This means that the shareholders receive USU USU for 5 shares 7 Openshop shares.
The share of open shop responded to the latest news with further reductions: In the early trading were charged with € 6.63 for about two percent less than the paper yesterday. Earlier this year the share certificate or cost about twice as much.
Contact:
Open Shop, Tel: (show best deal) 089/450790
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
Open Shop (Frankfurt Stock Exchange: OSP) has in the 3rd Quarter 2001 sales of 700,000 euros and a meager loss of 4.5 million euros posted. The management has now decided to “further cost saving measures” and launched a massive job cuts: Move Around 30 percent of employees have. Also a board will leave the company: [...]
