Brief: Delfingen Sells Its Russian Business

Delfingen SA

30/05/2022 16:46

May 30 (Reuters) - Delfingen Industry SA  ALDEL.PA :
    * GROUP SOLD ITS ACTIVITIES IN RUSSIA IN ITS NIZHNY NOVGOROD
PLANT
    * CONTRIBUTION OF RUSSIAN ENTITY TO THE GROUP'S EQUITY
AMOUNTED TO
EUR 2.4 MILLION AS OF DECEMBER 31, 2021
    * TRANSACTION WILL IMPACT H1 2022 RESULTS WITH A NON-CASH
ADJUSTMENT CHARGE CORRESPONDING TO CONTRIBUTION OF RUSSIAN
ENTITY TO THE GROUP'S EQUITY
    * NIZHNY NOVGOROD PLANT HAD ANNUAL 2021 TURNOVER OF
APPROXIMATELY
1.6% OF THE GROUP'S OVERALL REVENUE

Source text for Eikon:  ID:nACT74776 
Further company coverage:  ALDEL.PA 

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