Brief: KH Group's Subsidiary Sells Real Estate In Tallinn For EUR 4 Mln

KH Oyj

21/03/2024 10:32

March 21 (Reuters) - KH Group Oyj  KHG.HE :
    * SUBSIDIARY INDOOR GROUP HAS SOLD ITS REAL ESTATE LOCATED
IN
TALLINN AND WILL CEASE OPERATIONS IN ESTONIA BY END OF MARCH
    * SALE PRICE IS EUR 4.0 MILLION WAS PAID IN CASH AT CLOSING
    * INDOOR GROUP WILL CONCENTRATE ON ITS DOMESTIC MARKET IN
FINLAND
IN FUTURE
    * SALE OF REAL ESTATE WILL HAVE AN ESTIMATED EUR 3.7 MILLION
POSITIVE IMPACT ON INDOOR GROUP'S EBIT DURING Q1

Source text for Eikon:  ID:nGNE9JnmnK 
Further company coverage:  KHG.HE 

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