SGH 0.00% 54.5¢ slater & gordon limited

I cant post all, this site wont let me. Here is a taste (from...

  1. 515 Posts.
    I cant post all, this site wont let me. Here is a taste (from Commsec): -

    Financial Results
    Slater and Gordon Limited (“the Company”) today reported a A$958.3 million loss for the six
    months ended 31 December 2015. The result was impacted by:
    a A$876.4 million non-cash impairment charge against the carrying value of goodwill;
    A$21.3 million of additional provisioning for debtors and disbursements across the Group;
    the application of revised accounting policies for acquisition consideration (AASB 3 Business

    Combinations) and valuation of work in progress (WIP) due to the early adoption of new
    accounting standard AASB 15 (Revenue from Contracts with Customers); and
    underperformance in the UK operations, in relation to both intake and resolution of personal
    injuries claims in Slater and Gordon Lawyers (SGL) UK and Slater Gordon Solutions (SGS)​
    including lower resolutions in respect of Noise Induced Hearing Loss (NIHL) claims.
 
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Currently unlisted public company.

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