Apetit recognises an impairment loss in its 2018 financial statements
Apetit Plc, Stock Exchange Release, 30 January 2019 at 3:30 p.m.Apetit Plc has completed the Group’s regular annual impairment tests and updated its estimate on the fair values of its balance sheet items. As a result of the impairment test on the fresh products group, Apetit will make an impairment of EUR 4.7 million. The impact of the impairment on the net profit, the taxes considered, is EUR 3.8 million. Due to the impairment the balance sheet value of the fresh products group does not include the acquisition cost allocations made in conjunction with an acquisition in 2012. The