The company has established an efficiency program designed to generate EUR 200M of operational savings over the fiscal 2026 to 2028 time frame. Savings are expected to be broad-based with a new procurement transformational program expected to be the largest contributor. Next to that the company is taking action to improve its manufacturing network utilization, reduce logistics costs and unlock overhead efficiencies. The company believes the anticipated savings will allow it to fund targeted reinvestments, mitigate inflation where needed and achieve its Adjusted EBITDA growth goals.
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