RAPALA VMC CORPORATION CHANGES ITS FINANCIAL REPORTING PRACTICES IN 2018
(Thomson Reuters ONE) -
Rapala VMC Corporation
Stock Exchange Release
November 16, 2017 at 9:00 a.m.
RAPALA VMC CORPORATION CHANGES ITS FINANCIAL REPORTING PRACTICES IN 2018
Rapala VMC Corporation will change its financial reporting practices as of 1
January 2018. In the future, Rapala VMC Corporation will publish financial
reviews twice a year. The decision is based on the amended Securities Markets
Act, which entered into force on November 26, 2015. Following the amendment,
listed companies are no longer obliged to disclose interim reports for the first
three and nine months of the financial period.
In 2018, Rapala VMC Corporation will publish its financial information as
follows:
- Financial Statement Release for 2017 on February 16,
- Half Year Financial Report for January-June on July 20.
Rapala VMC Corporation's Financial Statement for 2017 will be published in week
10.
Rapala VMC Corporation will apply 30 calendar day silent period prior to the
release of the above mentioned financial reports.
RAPALA VMC CORPORATION
Jussi Ristimäki
President and Chief Executive Officer
For further information, please contact:
Olli Aho, Company Counsel, tel. +358 9 7562 540
Jan-Elof Cavander, Chief Financial Officer, tel. +358 9 7562 540
Distribution: NASDAQ OMX Helsinki and Main Media
Rapala VMC Corporation ("the Group") is a leading fishing tackle company and the
global market leader in fishing lures, treble hooks and fishing related knives
and tools. The Group also has a strong global position in other fishing
categories and it is one of the leading distributors of outdoor, hunting and
winter sport products in the Nordic countries. The Group has the largest
distribution network in the industry. The main manufacturing facilities are
located in Finland, France, Estonia, Russia, Indonesia and the UK. The Group
brand portfolio includes the leading brand in the industry, Rapala, and other
global brands like VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson,
Dynamite Baits, Mora Ice, StrikeMaster, Marttiini and Peltonen. The Group, with
net sales of EUR 261 million in 2016, employs some 2 800 people in 40 countries.
Rapala VMC Corporation's share is listed and traded on the Nasdaq Helsinki stock
exchange since 1998.
Rapala VMC Corporation Stock Exchange Release November 16, 2017:
http://hugin.info/120091/R/2150007/825207.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rapala VMC Oyj via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 16.11.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 568452
Anzahl Zeichen: 3149
contact information:
Town:
Helsinki
Kategorie:
Business News
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"RAPALA VMC CORPORATION CHANGES ITS FINANCIAL REPORTING PRACTICES IN 2018"
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Rapala VMC Oyj (Nachricht senden)
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