Duroc corrects updated financial calendar
Stockholm 16 July 2017. Duroc AB (ticker: DURC) today corrected its updated financial calendar.
By mistake in Duroc’s press release 13th July about new financial calendar, the reporting periods were wrongly presented. The dates for the reports are correct but the periods are as stated below.
As previously announced, Duroc’s EGM on 15 June, 2017, decided to amend the Articles of Association so that the fiscal year changes from calendar year to July 1st - June 30th. The change meant that the 2017 fiscal year ended 30 June, 2017 and as previously announced, Duroc's Year-End Report for 2017 will be published 28 August.
New financial calendar
Year-End Report 2017 28 August, 2017
AGM 2017 26 October, 2017
Interim report, July – September 7 November, 2017
Interim report, July – December 9 February, 2018
Interim report, July – March 7 May, 2018
Year-End report 2017/2018 27 August, 2018
The background to the change in fiscal year is that in February 2017, the company acquired the International Fibers Group Group (IFG), with July 1st - June 30th as fiscal year. Since it is expedient that all companies in Duroc have the same fiscal year, and taking into account the size of IFG in relation to the previous Duroc Group, it was considered appropriate to change the entire Group's fiscal year from calendar year to July 1st - June 30th.
The information in this press release is disclosed pursuant to the EU Market Abuse Regulation. The information was released for public disclosure through the agency of the contact person stated below on 16 July, 2017 at 21.45 CEST.
For further information, please contact
John Häger, CEO Duroc AB, tel: +46 702 48 72 99
The Duroc Group manages and develops industrial and trading companies. With deep knowledge of technology and markets, the Group's companies aim at leading positions in their respective industries. As an owner Duroc actively contributes to the development. The Group has a turnover of approximately SEK 2,200 m and has about 578 employees. Duroc is listed on NASDAQ OMX Stockholm. www.duroc.se