October 19, 2017 / 9:07 AM / 2 months ago

BRIEF-Forbo Holding: one-time costs of anti-trust proceedings in France of EUR 75 mln​

Oct 19 (Reuters) - FORBO HOLDING AG:

* ANTI-TRUST PROCEEDINGS TARGETING LEADING FLOORING SYSTEMS MANUFACTURERS IN FRANCE HAS NOW BEEN CONCLUDED​

* ‍ONE-TIME COSTS THAT WILL INCUR FOR FORBO WILL BE EUR 75 MILLION​

* ‍MADE A PROVISION OF CHF 85 MILLION AGAINST ITS 2017 HALF-YEAR OPERATING PROFIT​

* ‍CONFIRMS ITS POSITIVE GUIDANCE MADE IN ITS 2017 HALF-YEAR REPORT​

* ‍FORBO GROUP‘S OPERATING POWER WILL NOT BE NEGATIVELY AFFECTED​

* ‍CONFIRMED GUIDANCE MADE IN ITS 2017 HALF-YEAR REPORT IS ADJUSTED FOR THIS EXTRAORDINARY EFFECT​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below