DGAP-Adhoc: Celesio AG: Non-cash impairment loss in Brazilian wholesale activities

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| Source: EQS Group AG
Celesio AG  / Key word(s): Miscellaneous

07.07.2014 12:13

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Stuttgart, 7 July 2014. As part of preparing the interim financial
statements as at 30 June 2014, Celesio has conducted impairment tests due
to an adjustment in the long-term earnings prospects. As part of this
process, a non-cash impairment loss on goodwill of EUR 80 million was
identified today for the Brazilian wholesale activities as a result of the
revaluation. This goodwill was primarily due to acquisitions in 2009 and
2011.

The full interim financial statements as at 30 June 2014 will be released
as planned on 31 July 2014.
Contacts:

Investor Relations:

Markus Georgi, Celesio AG, +49 (0)711.5001-1208
investor@celesio.com
Michael Otto, Celesio AG, +49 (0)711.5001-635
investor@celesio.com



Media:

Marc Binder, Celesio AG, +49 (0)711.5001-380
media@celesio.com
Rainer Berghausen, Celesio AG, +49 (0)711.5001-549  
media@celesio.com


07.07.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Celesio AG
              Neckartalstr. 155
              70376 Stuttgart
              Germany
Phone:        +49 (0)711 5001-735
Fax:          +49 (0)711 5001-740
E-mail:       investor@celesio.com
Internet:     www.celesio.com
ISIN:         DE000CLS1001, DE000CLS1043
WKN:          CLS100, CLS104
Indices:      MDAX
Listed:       Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
              Standard), München, Stuttgart; Freiverkehr in Hamburg,
              Hannover; Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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