Brief: IGP Advantag To Increase Amortization Period For Goodwill
19/04/2021 10:59
April 19 (Reuters) - IGP ADVANTAG AG A62.DE :
* TO INCREASE THE AMORTIZATION PERIOD FOR GOODWILL FROM THE
PREVIOUS 10 TO 15 YEARS
* ANNUAL DEPRECIATION ON GOODWILL WILL BE REDUCED
RETROSPECTIVELY
FROM 2020 FROM EUR 3.1 MILLION TO EUR 2.1 MILLION, WILL RESULT
IN A CORRESPONDINGLY LOWER BURDEN ON GROUP RESULT IN FUTURE
Source text for Eikon: ID:nEQ2kQG6za
Further company coverage: A62.DE
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