Brief: Famur Declares Loss Of Control Over Its Russian Unit

Grenevia SA

26/08/2022 06:46

Aug 26 (Reuters) - FAMUR SA  FMF.WA :
    * SAID ON THURSDAY IT DECLARES LOSS OF CONTROL OVER COMPANY
RUSSIAN UNIT OOO FAMUR
    * DUE TO LOSS OF CONTROL COMPANY HAS CLASSIFIED UNIT AS A
DISCONTINUED OPERATION
    * AS A RESULT COMPANY HAS RECOGNISED LOSS OF 58 MILLION
ZLOTYS
WHICH WILL LOWER Q2 AND H1 NET FINANCIAL RESULTS WITHOUT IMPACT
ON EBITDA AND CASH FLOW

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMc4B24fa
 Further company coverage:  FMF.WA 

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