PRESS RELEASE – OCTOBER 26, 2023(2) ACAMS accounts have been consolidated since March 11, 2022. Sales include a PPA restatement for an impact of €-3.2 m (vs. €- 11 m as of 9M 2022). Excluding this restatement, sales amount to €65.6 m vs. €50.6 m as of 9M 2022.
(3) Due to the recent acquisition date of the Scalian group, its contribution is not yet included in consolidated sales and revenues are not audited.
(4) In accordance with IFRS 5, the contribution of Constantia Flexibles has been reclassified in “Net income from discontinued operations and operations held for sale”. Comparable sales for 9M 2022 represent €4,970.0 m versus 2022 published sales of €6,507.8 m. The difference of €1,537.8 m corresponds to Constantia Flexibles classified as assets held for sale in accordance with IFRS 5.(2) Due to the recent acquisition date of the Scalian Group, its contribution is not yet included in consolidated sales and revenues are not audited.
(3) In accordance with IFRS 5, the contribution of Constantia Flexibles has been reclassified in “Net income from discontinued operations and operations held for sale”. Comparable sales for 9M 2022 represent €1,738 m versus 2022 published sales of €2,291 m. The difference of €553 m corresponds to Constantia Flexibles classified as assets held for sale in accordance with IFRS 5.Stahl – Total sales down -2.7% for the first 9 months of 2023, in a context of weak but recovering demand(full consolidation) Stahl has been awarded a Platinum rating by the sustainability rating agency EcoVadis for the second consecutive year. For the 2023 EcoVadis assessment, Stahl’s rating increased by three points compared to its 2022 score.(full consolidation)Net asset value was €7,192 million, or €162.0 per share, as of September 30, 2023 (see Appendices 1 and 2 for details), a decrease of -3.5% from the €167.9 per share as of December 31, 2022, and stable overall (- 1.6%) when adding back the dividend paid in June 2023. Compared to the last 20-day average Wendel share price as of September 30, 2023 the discount on the September 30, 2023, NAV per share was 51.3%.For more information: wendelgroup.com
(GlobeNewsWire)