Brief: Gooch & Housego Sells Unit EM4 For Up To $12.0 Mln

Gooch & Housego

18/03/2024 14:37

March 18 (Reuters) - Gooch & Housego PLC  GHH.L :
    * GOOCH & HOUSEGO PLC - TRANSACTION IS EXPECTED TO BE
MARGINALLY
ACCRETIVE TO UNDERLYING EARNINGS FOR YEAR ENDING 30 SEPTEMBER
2024
    * GOOCH & HOUSEGO PLC: SOLD SUBSIDIARY EM4 TO EMFOUR
ACQUISITION
CO FOR A TOTAL CONSIDERATION OF UP TO $12.0M
    * GOOCH & HOUSEGO PLC - DISPOSAL AND ITS ASSOCIATED COSTS
ARE
EXPECTED TO GENERATE A NON-UNDERLYING CHARGE OF CIRCA £8.0M

Source text for Eikon:  ID:nRSR2868Ha 
Further company coverage:  GHH.L 

 ((Reuters.Briefs@thomsonreuters.com;))