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BRIEF-Alma Media to recognize impairment of EUR 3.0 million in Q4
December 19, 2016 / 2:19 PM / a year ago

BRIEF-Alma Media to recognize impairment of EUR 3.0 million in Q4

Dec 19 (Reuters) - Alma Media OJ :

* Announces outcome impairment tests for 2016

* Will recognizes 3.0 million euros ($3.13 million) in impairment in Q4

* Will recognizes provision for expenses of 2.3 million euros relating to vacant business premises in Q4

* Write-down made to goodwill and intangible assets is related to co’s business in Lapland and Alma Talent’s business in Sweden

* Maintains outlook issued in interim report dated Oct. 28 Source text for nEiko: Further company coverage: ($1 = 0.9590 euros) (Gdynia Newsroom)

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