Brief: Erbud Exits Modular Construction Segment After Reviewing Strategic Options
26/08/2026 08:46
BRIEF-Erbud Exits Modular Construction Segment After Reviewing Strategic Options Aug 26 (Reuters) - Erbud SA ERB.WA:
TO EXIT MODULAR CONSTRUCTION SEGMENT AFTER REVIEWING STRATEGIC OPTIONS
INTENDS TO SELL SHARES OR ASSETS RELATED TO MODULAR CONSTRUCTION SEGMENT
DECISION TO CEASE MODULAR CONSTRUCTION OPERATIONS TO LOWER CONSOLIDATED RESULT BY ABOUT 231 MILLION ZLOTYS
EXPECTS BREACH OF FINANCIAL COVENANTS RELATED TO NET DEBT TO EBITDA RATIO, TO TALK WITH FINANCING INSTITUTIONS TO OBTAIN WAIVER
ANALYZES POTENTIAL RISK OF BREACHING FINANCIAL COVENANTS FOR SERIES E BONDS
Source text: ID:nEMcf01j0a
Further company coverage: ERB.WA
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
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