Impairment in Poggenpohl
In the fourth quarter of 2015, Nobia will report a cost item of SEK 96 million that is non-recurring, attributable to impairments in Poggenpohl. The cost item is not affecting the cash flow.The background to this cost item is that it has recently been discovered that the accounting in Poggenpohl U.S. has been incorrect for several years, at least since 2009.The impairment will affect a number of items in Nobia’s income statement for 2015 and will be reported as an item affecting comparability.Actions have been taken and will be taken to restore confidence in the administrative