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Voltabox AG Technologiepark 32 33100 Paderborn, Germany http://www.voltabox.ag
Contact Mr Stefan Westemeyer +49 5250 9930685
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Voltabox AG

Voltabox Undergoes a Comprehensive Balance Sheet Adjustment

(PresseBox) (Delbrück, )
In light of the expected change of its anchor shareholder and the extremely subdued economic forecast due to the coronavirus pandemic, Voltabox AG [ISIN DE000A2E4LE9] has undergone a comprehensive balance sheet adjustment. The value adjustments made for 2019 come to a total of € -100.6 million. In particular, they involve asset values, which are expected to presumably provide a lower contribution to revenue and earnings in the future than planned, due to significantly worsened business prospects. Among other factors, earnings were also impacted by an extraordinary write-down of assets relating to the U.S. subsidiary Voltabox of Texas, which has remained
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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.