PKC Group Plc Company Announcement 9 August 2016 9.00 a.m.
PKC Group publishes restated figures for continuing operations for 2015
At 3 May 2016 PKC Group announced signing an agreement to start negotiations on creating a joint venture in its Electronics business whereby PKC Group would become a minority shareholder. The finalisation of the joint venture is targeted to take place in the first quarter of year 2017. Electronics business is classified as a non-current asset held for sale and reported as discontinued operations as of 31 March 2016. After this change PKC Group has only one primary business segment which also includes Group functions and other items.
The restated figures for continuing operations for 2015 are presented in the attached file. Restatements for earlier periods other than 2015 have not been made.
PKC Group Plc
Board of Directors
Matti Hyytiäinen
President & CEO
For additional information, contact:
Juha Torniainen, CFO, PKC Group Plc, tel. +358 (0)40 570 8871
Attachment
PKC restated figures for 2015
Distribution
Nasdaq Helsinki
Main media
www.pkcgroup.com
PKC Group is a global partner, designing, manufacturing and integrating electrical distribution systems, electronics and related architecture components for the commercial vehicle industry, rolling stock manufacturers and other selected segments. The Group has production facilities in Brazil, China, Estonia, Finland, Germany, Lithuania, Mexico, Poland, Russia, Serbia and the USA. The Group's revenue from continuing operations in 2015 totalled EUR 847 million. PKC Group Plc is listed on Nasdaq Helsinki.
