Declining Market for Air Sterilization Devices Leads to Impairment of Inventories at Hönle
02/12/2022 14:52
Dec 2 (Reuters) - Hönle Declining market for air sterilization devices leads to impairment of inventories at Hönle. * Hönle therefore makes adjustments of around 60% of its inventory of air disinfection devices in the 2021/2022 financial year, which corresponds to a value of EUR 6.4 million * Hönle anticipates an operating result (EBIT) of EUR -9.5 million to EUR -11.0 million for the Hönle Group in the 2021/2022 financial year * Hönle With an estimated EUR 127 million, sales in the 2021/2022 financial year will reach the announced sales target of EUR 125 million to EUR 130 million