After advanced sales discussions regarding their Locomotives business unit based in Kiel, Germany, the executive board of Vossloh AG has decided to present the last remaining business unit of the Transportation division as “discontinued operations” as of December 31, 2017. An impairment loss on the carrying amount was recognised in accordance with IFRS 5, based on the current status of the ongoing discussions. From this perspective, Vossloh expects a positive net cash inflow from the sale of the
This content is for Premium Subscribers only. To view this content, login below or subscribe as a Premium Subscriber.
