Afarak Group Plc Afarak Group: New Comparative Financial Information For 2019 And H1 2020
November 23 2020 - 03:58AM
UK Regulatory
TIDMAFAGR
10:00 London, 12:00 Helsinki, 23 November 2020 - Afarak Group Plc
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
NEW COMPARATIVE FINANCIAL INFORMATION FOR 2019 and H1 2020
Stock Exchange Release
As announced on 10th September 2020, due to the loss of control and the
end of the consolidation of Afarak Mogale (Pty) Ltd, Afarak Group
reclassified Afarak Mogale (Pty) Ltd's previously reported income
statement figures as discontinued operations. There is no change to the
previously reported balance sheet figures.
The restated consolidated income statement as well as segment
information for the financial year 2019, Q1-Q4 2019 and H1 2020 interim
periods are summarised in the attached file. Restatements for earlier
periods have not been made.
Helsinki, November 23, 2020
AFARAK GROUP PLC
Board of Directors
For additional information, please contact:
Afarak Group Plc
Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com
https://www.globenewswire.com/Tracker?data=NwiUnpE1FmswOfxImTEVEJIfpD694TPCU8s6LTy7oIVNoQwd23UhDhS-5LVMZZt8eL18dCrYmHr1wuadaxBOZxkq08q7ze1UCl_bt8R8XZ-40mGn_K24duq7hka3IoUN
Financial reports and other investor information are available on the
Company's website: www.afarak.com.
Afarak Group is a specialist alloy producer focused on delivering
sustainable growth with a Speciality Alloys business in southern Europe
and a FerroAlloys business in South Africa. The Company is listed on
NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange
(AFRK).
Distribution:
NASDAQ Helsinki
London Stock Exchange
Main media
www.afarak.com
Attachment
-- Afarak Group restated figures (2) v1
https://ml-eu.globenewswire.com/Resource/Download/c8c5027b-f131-49e9-9669-35fa34e4d05a
(END) Dow Jones Newswires
November 23, 2020 04:58 ET (09:58 GMT)
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