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Nyrstar Amending & Reissued Consolidated Financial Statement of 2018-The 21st China (Guangzhou ) Int’l Casting product Exhibition
10/2/2019 - casting expo-Die-casting expo-foundry expo |
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Nyrstar NV announcing its amended and reissued consolidated financial statements for the twelve months ended 31 December 2018. As was announced by the Company on 15 April 2019, Nyrstar initiated a review of its capital structure in October 2018 in response to the challenging financial and operating conditions being faced by the Group. As previously announced, these conditions included substantial working capital and liquidity outflows experienced during the fourth quarter of 2018 and first quarter of 2019 necessitating the raising of urgent short term funding. Combined with the Group’s materially reduced Underlying EBITDA performance in 2018 and the maturity of certain liabilities during 2019, these factors resulted in the need to reconsider the Group’s capital structure.
The Full Year Results 2018 that were previously published on 26 May 2019 included a non-compliance opinion from the Company’s auditor on the basis that certain information requested from the Company was not timely delivered. The Company has provided additional information to its auditor and the Full Year Results 2018 have today been amended and re-issued.
鑄件展-鑄件采購會-國際鑄件展-2020第二十一屆廣州國際鑄件展會-巨浪展覽
-The 21st China (Guangzhou ) Int’l Casting product Exhibition
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