Ariston in cost-cutting drive

The Zimbabwe Stock Exchange (ZSE)-listed firm is also targeting to cut energy costs through a planned investment program in solar energy following the commissioning of a solar plant in 2023.

DIVERSIFIED agro-industrial concern Ariston Holdings (Ariston) is pursuing strategic cost-cuttings which includes, automation of operations and a staff rationalization program as it seeks to boost margins and return to profitability.The group is battling high operational inefficiencies which resulted in gross margins weakening by 10 percentage points to 22 percent in the six months ended March…

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