Brief: Gränges Makes Non-Cash Inventory Write-Down

Granges AB

20/01/2023 14:29

Jan 20 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES MAKES NON-CASH INVENTORY WRITE-DOWN
    * AS A RESULT OF IMPAIRMENT REVIEW, GRÄNGES WILL MAKE A
NON-CASH
INVENTORY WRITE-DOWN RELATING TO RAW MATERIALS IMPORTED BY
GRÄNGES AMERICAS IN FIRST THREE QUARTERS OF 2022
    * WRITE-DOWN WILL AFFECT FULL-YEAR ADJUSTED OPERATING PROFIT
BY
APPROXIMATELY SEK -80 MILLION

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