PRESS RELEASE
News
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PRESS RELEASE
EQS-Adhoc: Branicks Group AG in negotiations to extend bridge financing and inviting promissory note holders to negotiations on extension of terms of promissory note loans maturing in 2024 – No dividend planned
Branicks Group AG is currently in negotiations to extend bridge financing and inviting promissory note holders to negotiate the extension of terms for loans maturing in 2024. The company has also announced that no dividend is planned for the 2023 financial year. The Management Board is taking action to stabilize the Group’s liquidity position and reviewing additional measures to strengthen liquidity. Branicks has largely met its annual guidance for 2023, with funds from operations at around EUR 50 million. The company will keep the capital markets and the general public informed about its progress in accordance with statutory requirements. -
PRESS RELEASE
Branicks Group AG: Review of the 3rd Quarter and Outlook
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