Dometic will perform a non-cash goodwill impairment impacting the third quarter result

After conducting an assessment of the carrying value of Dometic’s assets and considering the macroeconomic situation and weakened market conditions highlighted in a press release on September 17, 2024, Dometic will perform a non-cash goodwill impairment of SEK 2.0 b., negatively impacting the operating profit (EBIT) for segment Land Vehicles Americas in the third quarter 2024. The impairment will not have any impact on EBITA, cash flow or the net debt to EBITDA leverage ratio.

Dometic's report for the third quarter will be published on October 23, 2024.

FOR FURTHER INFORMATION, PLEASE CONTACT: 

Rikard Tunedal, Head of Investor Relations
Phone: +46 73 056 97 35
Email: rikard.tunedal@dometic.com

This information is information that Dometic Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on October 18, 2024.

ABOUT DOMETIC
Dometic is a global market leader in the mobile living industry. Millions of people around the world use Dometic products in Outdoor, Residential, and Professional applications. Our motivation is to create smart, sustainable, and reliable products with outstanding design for an outdoor and mobile lifestyle in the areas of Food & Beverage, Climate, Power & Control, and Other Applications. Dometic employs approximately 8,000 people worldwide, had net sales of SEK 27.8 billion in 2023 and is headquartered in Solna, Sweden.