June 27, 2017 / 5:07 AM / a month ago

BRIEF-Pax Anlage expects slump in profits in H1

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June 27 (Reuters) - PAX ANLAGE AG:

* Expects a Slump in Profits in the First Half of 2017

* INDEPENDENT VALUATION EXPERT HAS IDENTIFIED A VALUATION ALLOWANCE OF AROUND CHF 24 MILLION IN THE VALUATION OF EXISTING PROPERTIES COMPARED TO THE VALUE OF CHF 185 MILLION REPORTED AS AT 31 DEC 2016​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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