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General

Syn Q4 revenue drops 9%, goodwill impairment causes net loss

Thursday 27 February 2020 | 12:18 CET | News
Vodafone Iceland parent company Syn said that revenue for the fourth quarter of 2019 fell by 9 percent to ISK 4.94 billion from a restated ISK 5.42 billion in Q4 2018. The restatement was caused by a change to the accounting treatment of broadcasting licence rights at the beginning of the year.

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Categories: General
Companies: Vodafone Iceland
Countries: Iceland
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