Brief: Adler: Luxembourg GAAP Says FY 2022 Balance Sheet Equity Falls Below Quarter Of Share Capital

Adler SA

21/04/2023 08:54

April 21 (Reuters) - ADLER GROUP SA  ADJ.DE :
    * BALANCE SHEET EQUITY FALLS BELOW ONE QUARTER OF THE SHARE
CAPITAL IN THE STANDALONE ANNUAL ACCOUNTS 2022 ACCORDING TO
LUXEMBOURG GAAP
    * ASSUMES A LOSS HAS OCCURRED AT COMPANY WHICH RESULTS IN
BALANCE
SHEET EQUITY AMOUNTING TO LESS THAN ONE QUARTER OF SHARE CAPITAL
    * COMPANY POINTS OUT THAT, DESPITE EXPECTED LOSS OF BALANCE
SHEET
EQUITY, COMPANY IS NOT OVERINDEBTED

Source text for Eikon:  ID:nEQ840Y5Ta 
Further company coverage:  ADJ.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))