According to a press release the company sent out on Friday after the new board decided to bring forward the publication of its results for the second quarter.
The impairment loss comes after a “depth” analysis and a downward revision of the assumed revenue and earnings growth, combined with the height of risk assessment.
“Furthermore, the aforementioned assumptions that additional measures need to be taken to Eniro will live up to the terms of its loan agreements during the first quarter of 2017, “the company said in the release.
the report shows that Eniro’s revenues in the second quarter amounted to SEK 496 million (634), a decrease of 22 percent.
EBITDA the result was 116 million kronor (49). Cash flow from operating activities amounted to SEK 59 million (-56).
On Friday announced Eniro also Board member Örjan Frid immediately take over as CEO of the company and that Stefan Kercza has been fired.
Earlier it was said that Eniro’s report would be on 24 August.
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