0047 GMT - Along with its 1H result announcement today, Aussie grocer Woolworths says it will seek to save A$400 million in simplifying its above store support office and assess the shape of the group portfolio. In a call with reporters, CEO Amanda Bardwell suggested the company will be taking a broad view. "We will be taking the opportunity to assess each individual business within the group and understand how they reach the full potential within three to five years, and that will apply to all of our businesses across the entire Woolworths Group," she says when asked if the company was considering a significant restructuring. "I think it's a good practice for us to have at this time." (mike.cherney@wsj.com; @Mike_Cherney)
(END) Dow Jones Newswires
February 25, 2025 19:47 ET (00:47 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。