Brief: Gerry Weber International Loses Of Half Of Registered Share Capital

Gerry Weber International AG

13/05/2022 16:22

May 13 (Reuters) - GERRY WEBER INTERNATIONAL AG  GWI2k.DE :
    * LOSS OF HALF OF REGISTERED SHARE CAPITAL
    * HAS DETERMINED A LOSS OF EUR -5,078K WHICH CONSTITUTES
LOSS OF
HALF OF REGISTERED SHARE CAPITAL OF GERRY WEBER INTERNATIONAL AG
    * LOSS IS PRIMARILY CAUSED BY ASSUMPTION OF LOSS OF EUR
-29,393K
OF GERRY WEBER RETAIL GMBH BASED ON PROFIT AND LOSS TRANSFER
AGREEMENT BETWEEN COMPANY AND GERRY WEBER RETAIL GMBH
    * ALSO CAUSED BY DEPRECIATION AND AMORTIZATION OF INVESTMENT
BOOK
VALUES DUE TO LOWER PROFITABILITY EXPECTATIONS OF SUBSIDIARIES
OF GERRY WEBER INTERNATIONAL AG
    * CONTINUES TO EXPECT THAT PRELIMINARY FIGURES AT GROUP
LEVEL,
WHICH WERE PUBLISHED ON 31 MARCH 2022, WILL IN ESSENCE REMAIN
UNCHANGED IN AUDITED CONSOLIDATED ACCOUNTS FOR FISCAL YEAR 2021
    * COMPANY STILL EXPECTS ANNUAL RESULTS FOR 2021 AND RESULTS
FOR Q1
2022 TO BE PUBLISHED ON 30 MAY 2022

Source text for Eikon:  ID:nEQ2Jw5h6a 
Further company coverage:  GWI2k.DE 

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