Brief: Aspo Unit To Divest Belarusian Operations

Aspo Oyj

22/12/2022 08:23

Dec 22 (Reuters) - Aspo Oyj  ASPO.HE :
    * ASPO’S SUBSIDIARY TELKO TO DIVEST ITS BELARUSIAN
OPERATIONS
    * RIGHTS TO TELKO'S NAME AND TRADEMARKS ARE NOT INCLUDED IN
SALE.
    * AS A RESULT OF DIVESTMENT, ASPO ESTIMATES THAT IT WILL
RECOGNIZE
A TOTAL EXPENSE OF APPROXIMATELY EUR 0.6 MILLION IN Q4 OF 2022
    * AN AMOUNT OF APPROXIMATELY EUR 1.0 MILLION WOULD BE
RECOGNIZED
AS AN EXPENSE DUE TO TRANSLATION DIFFERENCES, WHICH DOES NOT
REDUCE EQUITY OF GROUP
    * TRANSACTION HAS NO IMPACT ON ASPO'S PREVIOUSLY INDICATED
COMPARABLE OPERATING PROFIT LEVEL FOR CURRENT YEAR

Source text for Eikon:  ID:nGNE6CZw6Y 
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