Brief: Eniro Says Impairment Recognised For Co's Deferred Tax Assets, Intangible Assets In Q3

Eniro AB

28/10/2019 20:43

Oct 28 (Reuters) - Eniro AB  ENRO.ST :
    * IMPAIRMENT RECOGNISED FOR ENIRO'S DEFERRED TAX ASSETS AND
INTANGIBLE ASSETS IN THE THIRD QUARTER, EARLY PUBLISHING OF
INTERIM REPORT JANUARY - SEPTEMBER 2019
    * BOARD OF ENIRO AB DECIDED TO RECOGNISE IMPAIRMENT
PERTAINING TO
DEFERRED TAX ASSETS AND INTANGIBLE ASSETS IN ENIRO OF SEK -475
MILLION
    * NON-CASH IMPAIRMENT WILL BE CHARGED TO EARNINGS FOR Q3 OF
2019
    * IMPAIRMENT HAS NO IMPACT ON CASH FLOW
    * IN Q3 BOARD HAS DECIDED ON AN ADDITIONAL SEK 306 MILLION
IMPAIRMENT OF GOODWILL AND A SEK 169 MILLION IMPAIRMENT OF
DEFERRED TAX ASSETS

Source text for Eikon:  ID:nWkr6Jx9y0 
Further company coverage:  ENRO.ST 

 ((Reuters.Briefs@thomsonreuters.com;))