Further, the company press release said that in the second quarter of fiscal 2019, it will book a goodwill, mainly related to impairment of approximately €102 million. In addition, the company will book a restructuring provision of approximately €5 million related to the ongoing and already completed co-determination negotiations.
These bookings have a weakening impact to Metsa Tissue’s equity ratio of approximately 8 percentage points. Impact to the whole Metsa Group’s equity ratio is minor. (RR)
Fibre2Fashion News Desk – India