Cintas Exec Says Expect Margin Pressure On Fire Protection Business From Sap Implementation In FY25
Portfolio Pulse from Benzinga Newsdesk
Cintas Corporation's executive has indicated that the company expects margin pressure on its fire protection business due to the implementation of SAP in fiscal year 2025.
July 18, 2024 | 2:57 pm
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Cintas Corporation expects margin pressure on its fire protection business due to SAP implementation in FY25. This could affect profitability in the short term.
The implementation of SAP is likely to increase operational costs and create margin pressure on Cintas' fire protection business. This could negatively impact short-term profitability.
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IMPORTANCE 80
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