Half Year 2025 Cegedim SA Earnings Call Transcript
So now, we're going to start the presentation of this first half 2025 earnings. We would like to start with the highlights of the first half and also after the closing, all the new that happened. So as we had discussed during the first half revenue presentation we had in July, we have setup a workforce restructuring at the pharmacy business in France. As we had announced, it will be a redundancy of around 100 jobs. And after the closing, we received the approval of the collective agreement by the DRIEETS, which is the Regional and Interdepartmental Directorate for the Economy, Employment, Labor and Solidarity.
It means that we have a provision of EUR6 million in the first half, as you will see later on, and also EUR1.4 million related to this restructuring plan. These are other costs associated with it, that you'll see in the non-recurring income. Second, we had the news from the administrator that the in-practice business asset had been sold to OneAdvanced, a UK-based IT service provider. So it means that the administrator can start the liquidation of the subsidiary
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