Brief: Apetit Recognises Impairment Loss In Its 2018 Financial Statements

Apetit Oyj

30/01/2019 13:32

Jan 30 (Reuters) - Apetit Oyj  APETIT.HE :
    * APETIT RECOGNISES AN IMPAIRMENT LOSS IN ITS 2018 FINANCIAL
STATEMENTS
    * AS A RESULT OF IMPAIRMENT TEST ON FRESH PRODUCTS GROUP,
APETIT
WILL MAKE AN IMPAIRMENT OF EUR 4.7 MILLION.
    * IMPACT OF IMPAIRMENT ON NET PROFIT, TAXES CONSIDERED, IS
EUR 3.8
MILLION
    * IMPACT OF IMPAIRMENT ON NET PROFIT, TAXES CONSIDERED, IS
EUR 3.8
MILLION
    * IMPAIRMENT WILL BE RECOGNISED IN OPERATING PROFIT OF
APETIT'S
CONTINUING OPERATIONS AS A NON-RECURRING ITEM
    * FUTURE PROFIT EXPECTATION OF FRESH PRODUCTS GROUP IS
ESTIMATED
TO FALL SHORT OF THAT FORECAST EARLIER
    * IMPAIRMENTS HAVE NO CASH FLOW IMPLICATIONS

Source text for Eikon:  ID:nWkr81YyYZ 
Further company coverage:  APETIT.HE 

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