Raisio to recognise an impairment loss of over EUR 8 million in its 2018 financial statements
Raisio plc, Stock Exchange Release, 13 December 2018 RAISIO TO RECOGNISE AN IMPAIRMENT LOSS OF OVER EUR 8 MILLION IN ITS 2018 FINANCIAL STATEMENTS Raisio plc has updated the calculations of goodwill and brand values as well as the fair values of its balance sheet items. They will result in the recognition of impairment loss of over EUR 8 million (GBP 7.7 million) in the 2018 Financial Statements related to the brand value of Honey Monster. The impairment has no impact on cash flow. The Honey Monster brand is not in line with the company’s new strategy focused on healthy food and