EQS-Adhoc: OTI Greentech AG: Report of Loss according to §92 1 AktG: Individual financial statements 2023 of OTI Greentech AG burdened by amortization of goodwill. Equity falls below 50% of the nominal amount.
Source: EQS
EQS-Ad-hoc: Publication of inside information pursuant to Article 17 MAR
Report of Loss according to §92 1 AktG: Individual financial statements 2023 of As a result of this devaluation, the company's equity now amounts to The company has scheduled the Annual General Meeting for the 2023 financial year for The individual financial statements for 2023 are published on the company's website in the Investor Relations section (www.oti.ag/investor-relations).
End of Inside Information Information and Explanation of the Issuer to this announcement: Explanatory part The financial statements presented by the auditors included the write-downs described above, which resulted on the one hand from lower than previously expected earnings of the subsidiaries and on the other hand from higher interest and risk premiums. On the other hand, the positive development at UNIservice showed that previous devaluations can also be reversed. The Management Board and Supervisory Board are confident that this can also be achieved with the now devalued values of the US and Swiss subsidiaries.
Contact: Dr. Phone +49 30 887 865 62 Friedrichstrasse 79 10117 Berlin
edicto GmbH Dr. Phone +49 69 905505-51 Eschersheimer Landstr. 42-44 60322 Frankfurt
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Language: | English |
Company: | |
Friedrichstraße 79 | |
10117 |
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Phone: | +49 30 887 865 62 |
Fax: | +49 30 690 884 88 |
E-mail: | info@oti.ag |
Internet: | www.oti.ag |
ISIN: | DE000A2TSL22 |
WKN: | A2TSL2 |
Listed: | Regulated Unofficial Market in |
EQS News ID: | 1948285 |
End of Announcement |
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1948285 17-Jul-