Steinhoff’s delayed FY earnings reveal €1.3bn loss

PUBLISHED: Wed, 19 Jun 2019 10:32:28 GMT


The Frankfurt listed retailer which has lost 97 per cent of its value since the 2017 accounting fraud scandal- blamed one-off expenses including professional fees of 117 million euro and impairments for the loss. Steinhoff shares are more than 5 per cent down in intra-day trading.