Brief: Innofactor Awarded EUR 2.3 Million In Damages

Innofactor Oyj

11/11/2021 15:02

Nov 11 (Reuters) - Innofactor Plc  IFA1V.HE :
    * REG-INNOFACTOR PLC HAS BEEN AWARDED DAMAGES
    * HAS BEEN AWARDED APPROXIMATELY 2.3 MILLION EUROS IN
DAMAGES IN A
STOCKHOLM CHAMBER OF COMMERCE (SCC) ARBITRATION PROCEEDING DUE
TO BREACH OF CONTRACT
    * DUE TO UNCERTAINTIES IN COLLECTION OF DAMAGES RECEIVABLE
WILL
NOT BE RECOGNIZED AT THIS POINT, IT WILL NOT HAVE IMMEDIATE
EFFECTS ON INNOFACTOR'S FINANCIAL RESULT

Source text for Eikon:  ID:nGNE6nyjmX 
Further company coverage:  IFA1V.HE 

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