Brief: -Panostaja Posts EUR 3 Mln Goodwill Impairment Loss

Panostaja Oyj

03/09/2020 07:41

Sept 3 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * REG-PANOSTAJA RECORDS A GOODWILL IMPAIRMENT LOSS OF MEUR
3.3 IN
CARROT
    * PANOSTAJA'S INVESTMENT CARROT'S NET SALES AND EBIT HAS
BEEN
WEAKER THAN ANTICIPATED.
    * WITH REFERENCE TO CARROT'S IMPAIRMENT TESTS, CARROT'S
CONSOLIDATED GOODWILL WILL BE WRITTEN DOWN BY MEUR 3.3.
    * PANOSTAJA OYJ - CARROT'S REMAINING AMOUNT OF GOODWILL WILL
BE
MEUR 4.6.
    * GOODWILL IMPAIRMENT LOSS WILL NOT HAVE ANY CASH FLOW
IMPACTS,
AND IT WILL BE RECORDED IN CARROT'S Q4 RESULTS UNDER
DEPRECIATIONS.

Source text for Eikon:  ID:nGNEBgg3c 
Further company coverage:  PNA1V.HE 

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