Brief: Deutsche Rohstoff: Group Benefits From US Tax Reform

Deutsche Rohstoff AG

03/01/2018 05:53

Jan 3 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE : 
    * SAID ON TUESDAY US CORPORATE TAX REFORM WILL HAVE A 
POSITIVE 
IMPACT ON DEUTSCHE ROHSTOFF AND ITS SUBSIDIARIES IN THE US 
    * REDUCTION OF TAX RATE FROM 35% TO 21% WILL RESULT IN 
ADDITIONAL 
EARNINGS RELATED TO REDUCTION OF DEFERRED TAX LIABILITIES IN 
CONSOLIDATED FINANCIAL STATEMENT FOR 2017 
    * THIS IS EXPECTED TO RESULT IN ADDITIONAL GROUP NET INCOME 
OF 
AROUND EUR 3.3 MILLION 
    * FOR COMING YEARS, DEUTSCHE ROHSTOFF GROUP AND THE US 
SUBSIDIARIES WILL ALSO BENEFIT FROM THE TAX REFORM 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ5FPxGDa 
     
 Further company coverage:  DR0G.DE   
    
 
 
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