Brief: Worthington Industries Says On August 3 Co's Unit Gerco Holdings, Sold Its 50% Interest In Artiflex Manufacturing Unconsolidated Joint Venture For About $47.5 Million

Worthington Enterprises

05/08/2022 15:04

Aug 5 (Reuters) - Worthington Industries Inc  WOR.N :
    * WORTHINGTON INDUSTRIES-  ON AUGUST 3 CO'S UNIT GERCO
HOLDINGS,
SOLD ITS 50% INTEREST IN ARTIFLEX MANUFACTURING UNCONSOLIDATED
JOINT VENTURE FOR ABOUT $47.5 MILLION
    * WORTHINGTON INDUSTRIES- AS RESULT OF TRANSACTION, EXPECTS
TO
RECORD PRE-TAX LOSS OF ABOUT $14.0 MILLION BELOW OPERATING
INCOME FOR QUARTER ENDED AUGUST 31, 2022

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