The Supreme Court judgment in the two lead cases marks the conclusion of a long drawnout case deal-ing with a basic principle of law.
The judgment recognises that DEF 1994 A/S has acted with integrity in a totally unexpected and incalculable case. All roof owners who have made a justified complaint have received compensation. Besides, as an act of goodwill several roof owners have been offered a settlement that entails a 50 per cent discount on roofing sheets when purchasing a new roof.
On the basis of the Supreme Court judgment it has been decided to inform the Bankruptcy Court that DEF 1994 A/S withdraws from its suspension of payments.
The Supreme Court judgment has no impact on FLS Industries A/S' previously announced earnings forecast for the year.
FLS Industries A/S
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