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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Ms Tanja Bücherl +49 9621 662113
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Grammer AG

GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023

(PresseBox) (Ursensollen, Germany, )
GRAMMER AG today recognized impairment losses on goodwill, property, plant and equipment and other intangible assets in the consolidated statement of financial position on the basis of the impairment tests performed in preparing the consolidated financial statements for the year ended December 31, 2022. The impairment losses amount to around EUR 74 million. They relate to the AMERICAS region and are attributable to the sharp rise in interest rates. Based on preliminary figures, this reduced the carrying amounts of goodwill, property, plant and equipment and other intangible assets as of December 31, 2022. Accordingly, EBIT for fiscal year 2022 is
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.