Brief: Partnera To Record Write-Downs, Provisions Of About EUR 13 Mln

Foamit Oyj

02/01/2023 06:56

Jan 2 (Reuters) - Partnera Oyj  PARTNE1.HE :
    * SAID ON FRIDAY, PARTNERA SUBSIDIARY KPA UNICON RECORDS
WRITE-DOWNS, PROVISIONS TOTALLING EUR 5 MLN IN THE COMPARABLE
OPERATING RESULT
    * EXPLORES STRATEGIC OPTIONS FOR OWNERSHIP IN KPA UNICON
    * DECIDED TO MAKE ONE-OFF WRITE-DOWN OF ABOUT EUR 8 MLN ON
KPA
UNICON DUE TO WEAKENED FUTURE EARNING EXPECTATIONS OF CO
    * WRITE-DOWNS, PROVISIONS TOTALLING TO ABOUT EUR 13 MLN WILL
BE
RECOGNISED IN PARTNERA'S INCOME STATEMENT FOR SECOND HALF OF
2022
    * MEASURES RELATE TO SUPPLY OF UTILITIES AND CREDIT LOSSES
IN KPA
UNICON'S RUSSIAN SUBSIDIARY

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr8d4MP6
 Further company coverage:  PARTNE1.HE  
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