Brief: BayWa Reports Extraordinary Depreciation Of EUR 222.2 Mln

Baywa AG

27/09/2024 11:51

Sept 27 (Reuters) - BAYWA AG  BYWGnx.DE :
    * IMPAIRMENT TESTS LEAD TO EXTRAORDINARY DEPRECIATION OF EUR
222.2
MILLION (IMPAIRMENT TESTS IN ACCORDANCE WITH IAS 36)
    * REPORTS EXTRAORDINARY DEPRECIATION OF €222.2 MILLION
    * NON-CASH IMPAIRMENT LOSSES OF €222.2 MILLION RECOGNISED
    * €171.5 MILLION IMPAIRMENT ATTRIBUTED TO BAYWA R.E. AG
    * DEPRECIATIONS DO NOT IMPACT BAYWA GROUP'S RESTRUCTURING
EFFORTS

Source text for Eikon:  ID:nEQ4hGHxGa 
Further company coverage:  BYWGnx.DE 

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