Brief: Frauenthal Holding: impairment test at Frauenthal Powertrain GmbH
Nov 15 (Reuters) - Frauenthal Holding AG FKAV.VI :
* IMPAIRMENT TEST AT FRAUENTHAL POWERTRAIN GMBH RESULTS IN
DEPRECIATION TOTALING EUR 21.5 MLN
* DUE TO THESE IMPAIRMENT LOSSES, THE 2017 RESULT FOR THE
FRAUENTHAL GROUP WILL BE SIGNIFICANTLY LOWER THAN IN THE
PREVIOUS YEAR AND IS EXPECTED TO BE NEGATIVE
Source text for Eikon: urn:newsml:reuters.com:*:nEu8QQTFR
Further company coverage: FKAV.VI
(Gdynia Newsroom)
((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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