Volati reports non-recurring non-cash costs for Q3

Booking.com

Volati will report non-recurring costs of approximately SEK -330 million for Q3 2019 attributable to impairment of goodwill and intangible assets, which will affect EBIT negatively. The non-recurring costs are non-cash items and are related to the Consumer business area. According to preliminary figures for Q3, Volati is expected to increase its net sales to approximately SEK 1,700 million (1,470). EBITA is expected to increase to approximately SEK 145 million (123). 

During the annual impairment review, Volati has identified impairment of goodwill and intangible assets for the me&i and

Booking.com

Source: Volati reports non-recurring non-cash costs for Q3

Booking.com

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