Atria records a goodwill write-down of EUR 9.1 million
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