Home » Cherry writes off 96 million euros – shares lose 9%

Cherry writes off 96 million euros – shares lose 9%

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Cherry writes off 96 million euros – shares lose 9%

Cherry will have to make large write-downs on its balance sheet for 2023 – essentially on goodwill, as the company reported on Wednesday. Cherry puts the burden on profits at 96 million euros. The fact that Cherry explicitly pointed out on Wednesday that this does not influence the main control parameters of group sales and adjusted group EBITDA margin, among other things, helps shareholders
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