Report Publication Announcement • May 15, 2024
Report Publication Announcement
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Delayed publication Annual Report 2023
Delayed publication Annual Report 2023
Amersfoort, 15 May 2024 – Envipco Holding N.V. (“Envipco” or the “Company”) announces that the publication of its annual report for 2023 is delayed and it is expected to be published no later than the end of May 2024.
Completion of the audit has been impacted by new accounting operations, expanded audit procedures and new accounting matters and related disclosures. The company expects limited impact on the 2023 unaudited results released 7 March 2024. Various adjustments could in sum negatively impact 2023 EBITDA by approximately EUR 500k, tax expense negatively by approximately EUR 400k tied to write-down of the deferred tax asset in the USA and balance sheet adjustments increasing cash and accounts payable by approximately EUR 3,000k.
The notice for the Annual General Meeting of Shareholders (AGM) will be delayed until publication of the annual report. The AGM will be scheduled 42 days after the notice has been given.
The Company will release the Q1 2024 unaudited results as announced on 21 May 2024.
For further information please contact:
Simon Bolton, Group CEO
+31 33 285 1773
Mikael Clement, CSO
+47 9900 8000
About Envipco Holding N.V.
Envipco Holding N.V. (Envipco), www.envipco.com, is a Netherlands-based holding company listed on Euronext Amsterdam and Euronext Oslo Growth (Symbols: ENVI/ENVIP). Envipco, with operations in several countries around the globe, is a recognized leader in the development and operation of reverse vending machines (RVMs), automated technological systems for the recovery of used beverage containers. Known for its innovative technology and market leadership, Envipco holds several intellectual property rights for RVM systems, including but not limited to beverage refund deposit markings, material type identification, compaction, and accounting.
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