Brief: Phoenix Mecano Opens Investigation Into Potential Irregularities At Subsidiary

Phoenix Mecano AG

04/07/2022 06:06

July 4 (Reuters) - PHOENIX MECANO AG  PM.S :
    * PHOENIX MECANO OPENS INVESTIGATION INTO POTENTIAL
IRREGULARITIES
AT A SUBSIDIARY
    * EXPECTS A REDUCTION IN EARNINGS IN UPPER SINGLE-DIGIT
MILLIONS
OF EUROS
    * ACCORDING TO PRELIMINARY ESTIMATES, GROUP ANTICIPATES A
ONE-OFF,
NON-RECURRING IMPACT ON EARNINGS IN UPPER SINGLE-DIGIT MILLIONS
OF EUROS

Source text for Eikon:  ID:nEQ9vhb8Ra 
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