Brief: Recticel Updates On Group Financial Reporting 2022

Recticel SA

10/08/2022 17:07

Aug 10 (Reuters) - RECTICEL NV  RECT.BR :
    * UPDATE ON RECTICEL GROUP'S FINANCIAL REPORTING 2022
    * INDICATES THAT FOR FISCAL YEAR 2022 ITS ENGINEERED FOAMS
SEGMENT
WILL BE ACCOUNTED FOR UNDER IFRS 5 - NON-CURRENT ASSETS HELD FOR
SALE AND DISCONTINUED OPERATIONS
    * ENGINEERED FOAMS SEGMENT WHICH IS CURRENTLY IN PROCESS OF
BEING
TRANSFERRED TO US-BASED CARPENTER GROUP WILL BE RECLASSIFIED AS
ASSETS AND LIABILITIES HELD FOR SALE
    * OPERATING RESULT OF ENGINEERED FOAMS SEGMENT WILL BE
PRESENTED
IN CONSOLIDATED FINANCIALS AS RESULT FROM DISCONTINUED
OPERATIONS

Source text for Eikon:  ID:nNDL5jxcbS 
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