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Atria Oyj — Management Reports 2015
Dec 17, 2015
3256_rns_2015-12-17_ca37fc8b-8fc7-4dd8-b501-afff989210f4.html
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Atria records a goodwill write-down of EUR 9.1 million
Atria records a goodwill write-down of EUR 9.1 million
Seinäjoki, Finland, 2015-12-17 14:00 CET (GLOBE NEWSWIRE) -- Atria Plc Company
Announcement 17 December 2015, 3:00 pm
Atria records a goodwill write-down of EUR 9.1 million
The challenging market environment in Estonia has weakened the expected return
of Atria Baltic's business. As a result of impairment testing, Atria has
decided to make a EUR 9.1 million goodwill write-down during the last quarter
of 2015. The write-down will be allocated to the Atria Baltic segment.
The write-down will affect EBIT. The write-down will have no effect on cash
flow.
For more information, please contact Juha Gröhn, CEO, Atria Plc, tel. +358 400
684 224.
ATRIA PLC
Juha Gröhn
CEO
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Major media
www.atriagroup.com