Applied UV Says Initiated Price Increases Across Select Airocide And Munnwork's Products To Improve Overall Blended Gross Margins; Ongoing Reduction In Duplicate Headcount Where Applicable
Portfolio Pulse from Happy Mohamed
Applied UV has initiated price increases across select Airocide and Munnwork's products to improve overall blended gross margins. The company is also reducing duplicate headcount where applicable.
August 28, 2023 | 4:09 pm
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Applied UV's price increases and headcount reduction could improve its gross margins, potentially leading to a positive impact on its stock price.
Applied UV's decision to increase prices for select products and reduce duplicate headcount is aimed at improving its gross margins. If successful, this could lead to increased profitability and a positive impact on its stock price.
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