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US: Modine initiates restructuring in Europe

Modine has reported a solid end to its fiscal year ended 31 March 2012 (FY2012), despite a 2% year-on-year decline in Q4 revenue, but has outlined a cautious outlook for FY2013 and initiated a two-year restructuring programme in Europe designed to "align the cost structure in Europe with the strategic Subscribe to Automotive World to … Continued

Modine has reported a solid end to its fiscal year ended 31 March 2012 (FY2012), despite a 2% year-on-year decline in Q4 revenue, but has outlined a cautious outlook for FY2013 and initiated a two-year restructuring programme in Europe designed to "align the cost structure in Europe with the strategic

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https://www.automotiveworld.com/articles/94128-us-modine-initiates-restructuring-in-europe/

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