Brilliant AG - Earnings Release 2022

News Details

Ad-hoc | 10 May 2023 17:34

Brilliant AG: Preliminary group figures 2022: Additional need for provisions and depreciation leads to higher consolidated net loss for the year

Brilliant AG / Key word(s): Profit Warning/Annual Results

Brilliant AG: Preliminary group figures 2022: Additional need for provisions and depreciation leads to higher consolidated net loss for the year

10-May-2023 / 17:34 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Publication of insider information according to Article 17 of Regulation (EU) No. 596/2014

Gnarrenburg, May 10 th , 2023 – In the course of the ongoing work on and audit of the annual financial statements of Brilliant AG (ISIN: DE0005272702) for fiscal year 2022, a further need for provisions and write-downs in the amount of approximately EUR 4.0 million has arisen, among other things, in connection with the valuation of inventories and receivables. Against this background, the consolidated net profit (preliminary, unaudited) published in the ad hoc announcement of February 2, 2023 will not be achieved. Instead of a previously expected consolidated net loss of EUR 4.1 million (previous year: consolidated net income of EUR 0.9 million), the consolidated net loss (preliminary, unaudited) is now expected to amount to EUR 8.1 million. The already communicated consolidated sales level of around EUR 66.6 million will decrease to around 65.3 million (previous year: EUR 70.7 million).

contact:

Brilliant AG

Michael Last/ Gunther Bonnes, Vorstände

Brilliantstraße 1, 27442 Gnarrenburg

Telefon: +49(0)4763890

Telefax: +49(0)476389171

E-Mail: [email protected]

Web: www.brilliant-ag.com/

End of Inside Information

10-May-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Brilliant AG
	Brilliantstraße 1
	27442 Gnarrenburg
	Germany
Phone:	+49 (0)4763-89-0
Fax:	+49 (0)4763-89-171
E-mail:	[email protected]
Internet:	www.brilliant-ag.com
ISIN:	DE0005272702
WKN:	527270
Listed:	Regulated Unofficial Market in Berlin, Hamburg (Mittelstandsbörse Deutschland)
EQS News ID:	1629681