PRESS RELEASE
from Brilliant AG (isin : DE0005272702)
EQS-Adhoc: Brilliant AG: Preliminary group figures 2022: Additional need for provisions and depreciation leads to higher consolidated net loss for the year
EQS-Ad-hoc: Brilliant AG / Key word(s): Profit Warning/Annual Results
Brilliant AG: Preliminary group figures 2022: Additional need for provisions and depreciation leads to higher consolidated net loss for the year
10-May-2023 / 17:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of insider information according to Article 17 of Regulation (EU) No. 596/2014
Gnarrenburg, May 10th , 2023 - In the course of the ongoing work on and audit of the annual financial statements of Brilliant AG (ISIN: DE0005272702) for fiscal year 2022, a further need for provisions and write-downs in the amount of approximately EUR 4.0 million has arisen, among other things, in connection with the valuation of inventories and receivables. Against this background, the consolidated net profit (preliminary, unaudited) published in the ad hoc announcement of February 2, 2023 will not be achieved. Instead of a previously expected consolidated net loss of EUR 4.1 million (previous year: consolidated net income of EUR 0.9 million), the consolidated net loss (preliminary, unaudited) is now expected to amount to EUR 8.1 million. The already communicated consolidated sales level of around EUR 66.6 million will decrease to around 65.3 million (previous year: EUR 70.7 million).
contact:
Brilliant AG
Michael Last/ Gunther Bonnes, Vorstände
Brilliantstraße 1, 27442 Gnarrenburg
Telefon: +49(0)4763890
Telefax: +49(0)476389171
E-Mail: info@brilliant-ag.com
Web: www.brilliant-ag.com/
Gnarrenburg, May 10th , 2023 - In the course of the ongoing work on and audit of the annual financial statements of Brilliant AG (ISIN: DE0005272702) for fiscal year 2022, a further need for provisions and write-downs in the amount of approximately EUR 4.0 million has arisen, among other things, in connection with the valuation of inventories and receivables. Against this background, the consolidated net profit (preliminary, unaudited) published in the ad hoc announcement of February 2, 2023 will not be achieved. Instead of a previously expected consolidated net loss of EUR 4.1 million (previous year: consolidated net income of EUR 0.9 million), the consolidated net loss (preliminary, unaudited) is now expected to amount to EUR 8.1 million. The already communicated consolidated sales level of around EUR 66.6 million will decrease to around 65.3 million (previous year: EUR 70.7 million).
contact:
Brilliant AG
Michael Last/ Gunther Bonnes, Vorstände
Brilliantstraße 1, 27442 Gnarrenburg
Telefon: +49(0)4763890
Telefax: +49(0)476389171
E-Mail: info@brilliant-ag.com
Web: www.brilliant-ag.com/
End of Inside Information
10-May-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Brilliant AG |
| Brilliantstraße 1 | |
| 27442 Gnarrenburg | |
| Germany | |
| Phone: | +49 (0)4763-89-0 |
| Fax: | +49 (0)4763-89-171 |
| E-mail: | investorrelations@brilliant-ag.com |
| Internet: | www.brilliant-ag.com |
| ISIN: | DE0005272702 |
| WKN: | 527270 |
| Listed: | Regulated Unofficial Market in Berlin, Hamburg (Mittelstandsbörse Deutschland) |
| EQS News ID: | 1629681 |
| End of Announcement | EQS News Service |
1629681 10-May-2023 CET/CEST