Profit warning issued by Oc

Oc has issued a profit warning and announced a restructuring that will see it withdraw from underperforming markets and lay off 4.5% of its workforce

Oc has issued a profit warning and announced a restructuring that will see it withdraw from underperforming markets and lay off 4.5% of its workforce.

It aims to focus more on digital products and services. Net profit before exceptional items will fall 30% on flat sales.