A.S. Création Tapeten AG

  • WKN: A1TNNN
  • ISIN: DE000A1TNNN5
  • Land: Deutschland

Nachricht vom 20.12.2018 | 13:41

A.S. Création Tapeten AG: New decision of the court of appeal in the French anti-trust proceedings

A.S. Création Tapeten AG / Key word(s): Legal Matter
A.S. Création Tapeten AG: New decision of the court of appeal in the French anti-trust proceedings

20-Dec-2018 / 13:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


In April 2016, the court of appeal ("Cour d'appel") in Paris reduced the penalties imposed by the French competition authority ("Autorité de la concurrence") on two French member companies of the A.S. Création Group, namely SCE - Société de conception et d'édition SAS ("SCE") and MCF Investissement SAS ("MCF), by EUR 2.9 million from a total of EUR 5.0 million to EUR 2.1 million. The French competition authority subsequently lodged an appeal with the French Supreme Court ("Cour de cassation") against this verdict. In November 2017, the Supreme Court revoked the verdict of the court of appeal and returned the case to the court of appeal in Paris, which retried the case.

The court of appeal today announced the verdict and confirmed the total penalties of EUR 5.0 million originally imposed by the French competition authority. An appeal against this verdict may be lodged with the Supreme Court within one month. Should the verdict become final, it would have no effect on the results of operation of A.S. Création, as the penalty of EUR 5.0 million originally imposed by the French competition authorities was expensed in full in the consolidated financial statements for 2014. This verdict would have no effect on A.S. Création's financial position, as French law required the original penalties of EUR 5.0 million to be paid in full.

The decision as to whether SCE and MCF will request an appeal will be made on the basis of a review of the written grounds of the verdict, which SCE and MCF will carry out together with their legal counsel.

Gummersbach, December 20, 2018

A.S. Création Tapeten AG

The Managing Board


Contact:
Maik Krämer
Chairman of the Managing Board
Director of Finance and Controlling
Südstr. 47
D-51645 Gummersbach
Phone +49-2261-542 387
Fax +49-2261-542 304
E-Mail: m.kraemer@as-creation.de

20-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

14.-15.10.2020 Fachkonferenzen Finanzdienstleistungen und Technologie

11.-12.11.2020 Fachkonferenzen Software/IT und Branchenmix

Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen könnten die Fachkonferenzen im Herbst/Winter ggf. auch virtuell stattfinden.

GBC-Fokusbox

Solutiance: Hohe Wachstumsdynamik durch den Ausbau des Plattformgeschäfts erwartet

Im ersten Halbjahr 2020 konnte Solutiance den eingeschlagenen Wachstumskurs fortsetzen und im Rahmen dessen die Gesamtleistung (Umsatz zzgl. Bestandsveränderungen) um rund 75 % auf 0,66 Mio. € (1. HJ 2019: 0,38 Mio. €) erhöhen. Das Unternehmen erwartet für das Gesamtjahr durch den weiteren Ausbau der softwarebasierten Dienstleistungen einen Umsatzsprung im Vergleich zum Vorjahr auf rund 3 Mio. €. Bei einem von uns ermittelten Kursziel von 4,85 € vergeben wir das Rating KAUFEN.

News im Fokus

SAP SE: Aktualisierung des Ausblicks für 2020 und der mittelfristigen Zielsetzungen - Beschleunigter Umstieg in die Cloud

25. Oktober 2020, 19:19

Aktueller Webcast

HelloFresh SE

Q3 2020 Results Webcast

03. November 2020

Aktuelle Research-Studie

Nynomic AG

Original-Research: Nynomic AG (von Montega AG): Kaufen

22. Oktober 2020