Delta SBD (ASX:DSB), a mining services company, is undertaking further organisational restructuring to improve the ongoing profitability of the group in response to continuing tight industry trading conditions.
This will result in the amalgamation of some business units and personnel duties and some positions being made redundant.
The restructuring, which significantly reduces overheads, is expected to reduce costs by at least $1 million for FY15.
Delta focuses on coal mining services in Queensland and New South Wales, and its capitalised at about $5 million.
