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Expects to deliver $100 million of pre-tax earnings by year-end 2019.
September 12, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dover announced a rightsizing plan designed to increase operating margin, enhance operations and position the company for sustained growth and investment. The plan is primarily comprised of broad-based SG&A reduction initiatives, which will position the company for meaningful operating margin expansion. The company expects the program to deliver $130 million of annualized pre-tax earnings by year-end 2019, of which $30 million will be reinvested in high-return growth initiatives. The pro...
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