Brief: Gerresheimer To Correct All Revenues From Bill-And-Hold Agreements Recognized In 2024 Financial Statements In Amount Of EUR 28M

Gerresheimer AG

22/12/2025 15:33

Dec 22 (Reuters) - GERRESHEIMER AG GXIG.DE:

DECIDED TO CORRECT ALL REVENUES FROM BILL-AND-HOLD AGREEMENTS RECOGNIZED IN 2024 CONSOLIDATED FINANCIAL STATEMENTS IN AMOUNT OF APPROXIMATELY EUR 28M

INVESTIGATION REVEALED THAT RECOGNITION OF REVENUES FROM BILL-AND-HOLD AGREEMENTS CONSISTENTLY DID NOT COMPLY WITH IFRS REQUIREMENTS AND THAT THESE REVENUES WERE SYSTEMATICALLY RECOGNIZED TOO EARLY

WILL CORRECT THIS ACCOUNTING ERROR IN PREVIOUS YEAR'S FIGURES WHEN PREPARING 2025 CONSOLIDATED FINANCIAL STATEMENTS

EUR 28 MILLION RECOGNIZED IN 2024 CONSOLIDATED FINANCIAL STATEMENTS WILL BE CORRECTED AND RECOGNIZED IN REVENUES FOR 2025 FINANCIAL YEAR

REVENUE OF EUR 2.036 BILLION REPORTED FOR 2024 FINANCIAL YEAR IS EXPECTED TO DECREASE BY AROUND 1% (AROUND EUR 18 MILLION)

Source text: ID:nEQrWXWHa

Further company coverage: GXIG.DE

 (Gdansk Newsroom)

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