Brief: Voltabox Undergoes Balance Sheet Adjustment

Voltatron AG

08/05/2020 13:51

May 8 (Reuters) - VOLTABOX AG  VBX.DE :
    * VOLTABOX UNDERGOES A COMPREHENSIVE BALANCE SHEET
ADJUSTMENT
    * VALUE ADJUSTMENTS MADE FOR 2019 COME TO A TOTAL OF EUR
-100.6
MILLION.
    * ACCORDING TO PRELIMINARY FIGURES THAT ARE NOW AVAILABLE,
REVENUE
OF VOLTABOX GROUP CAME TO EUR 56.6 MILLION IN PAST FISCAL YEAR
    * A RELIABLE FORECAST FOR CURRENT FISCAL YEAR IS STILL NOT
POSSIBLE GIVEN CIRCUMSTANCES SURROUNDING COVID-19 PANDEMIC
    * FY PRELIMINARY EARNINGS BEFORE INTEREST AND TAXES (EBIT),
ADJUSTED FOR ONE-TIME SPECIAL EFFECTS, COME TO EUR -5.7 MILLION
    * AFTER ADJUSTMENT OF ITS ASSETS, EQUITY RATIO OF VOLTABOX
AG
AMOUNTS TO 45 %, ACCORDING TO PRELIMINARY FIGURES

Source text for Eikon:  ID:nEQ7g8JsCa 
Further company coverage:  VBX.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))