other material
confidence low
sentiment neutral
materiality 0.50
Haemonetics approves restructuring $20M charges; targets $30M annual savings
HAEMONETICS CORP
- Board approved market and regional alignment initiative in May 2025.
- Expected aggregate restructuring charges of ~$20M, half severance, half other exit costs.
- Savings of ~$30M annually expected by end fiscal 2027.
- Q4 and FY 2025 earnings press released issued; no specific figures available in filing.
- Charges will be cash outlays; initiative to continue through fiscal 2027.