Brief: Elumeo Consolidates Broadcasting And Closes Down Unprofitable Business In The UK

Elumeo SE

18/12/2017 07:29

Dec 18 (Reuters) - ELUMEO SE  ELBG.DE : 
    * DGAP-ADHOC: ELUMEO SE: ELUMEO SE CONSOLIDATES BROADCASTING 
AND 
CLOSES DOWN UNPROFITABLE BUSINESS IN THE UK 
    * TO CONTINUE OPERATION OF ECOMMERCE BUSINESS AND PROFITABLE 
PARTS 
OF TV BUSINESS IN UK BY JUWELO DEUTSCHLAND GMBH 
    * OTHER LOSS-MAKING PARTS OF UK SUBSIDIARY ROCKS & CO. UK 
LIMITED 
WILL BE CLOSED DOWN WITH EFFECT AS OF TODAY 
    * FORECASTS FOR LAST QUARTER AND FULL FINANCIAL YEAR 2017 
STAY 
NONETHELESS VALID AND ARE NOT AFFECTED 
 
Source text for Eikon:  ID:nEQbkM7v3a  
Further company coverage:  ELBG.DE  
 
 (Gdynia Newsroom) 
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