MUTARES AG Mutares (ISIN: DE000A0SMSH2) wants to provide its shareholders with even greater transparency and adapts its reporting framework to the Group's increasing internationalization.
For this reason, the Group has decided to convert its financial reporting to IFRS (International Financial Reporting Standards) as of the financial year 2017. The consolidated financial statements for the fiscal year 2017 will be published on 13 June 2018 and will also include the comparative prior year 2016 in accordance with IFRS.
Mark Friedrich, CFO: 'With the transition to IFRS, Mutares takes into account the Group's advanced internationalization and provides more transparency and enhanced comparability to our investors and all recipients of our external financial communications.'
mutares AG published this content on 17 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2018 07:09:04 UTC.
Original documenthttps://mutares.de/mutares-converses-to-international-financial-reporting-standards-ifrs/?lang=en
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