{"id":4332,"date":"2025-07-10T10:58:23","date_gmt":"2025-07-10T08:58:23","guid":{"rendered":"https:\/\/www.rwt.ag\/?p=4332"},"modified":"2025-07-10T10:58:23","modified_gmt":"2025-07-10T08:58:23","slug":"rwt-ag-tochtergesellschaft-haelt-dividende-zurueck-bilanzverlust-erwartet-keine-dividendenzahlung-bei-rwt-ag-umsetzung-impairment-test","status":"publish","type":"post","link":"https:\/\/www.rwt.ag\/en\/rwt-ag-tochtergesellschaft-haelt-dividende-zurueck-bilanzverlust-erwartet-keine-dividendenzahlung-bei-rwt-ag-umsetzung-impairment-test\/","title":{"rendered":"RWT AG: Subsidiary withholds dividend \u2013 balance sheet loss expected \u2013 no dividend payment at RWT AG \u2013 implementation of impairment test"},"content":{"rendered":"<p>Ru\u00dfbach, July 10, 2025<\/p>\n<p>&nbsp;<\/p>\n<p>Following the ad hoc notification of July 1, 2025, concerning the exercise of the auditor's right of speech pursuant to Section 273 (2) of the Austrian Commercial Code (UGB), RWT AG announces the following supplementary facts:<\/p>\n<p>&nbsp;<\/p>\n<ol>\n<li><strong>Cancellation of dividend distribution at the subsidiary<\/strong><\/li>\n<\/ol>\n<p>The pro-rata dividend payment for the 2024\/2025 fiscal year that had already been resolved for RWT Hornegger &amp; Thor GmbH, a 100%subsidiary of RWT AG, will not be made.<\/p>\n<p>&nbsp;<\/p>\n<p>The economic development of the subsidiary in the current fiscal year necessitates refraining from the distribution pursuant to \u00a7 82 para. 5 GmbHG.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2 Expected balance sheet loss of RWT AG<\/strong><\/p>\n<p>Due to the lack of dividend income from the subsidiary, the management of RWT AG expects a <strong>Balance sheet loss in the annual financial statements as of January 31, 2025<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<ol start=\"3\">\n<li><strong>RWT AG no dividend payment<\/strong><\/li>\n<\/ol>\n<p>As a result of the anticipated balance sheet loss, RWT AG will not distribute a dividend in fiscal year 2025. This decision is not a change in dividend policy but arises from the balance sheet situation.<\/p>\n<p>&nbsp;<\/p>\n<ol start=\"4\">\n<li><strong>Implementation of a recommended impairment test<\/strong><\/li>\n<\/ol>\n<p>The one recommended by the auditor according to \u00a7 273 para. 2 UGB <strong>Impairment Test of the Carrying Amount of Investments<\/strong> The RWT Hornegger &amp; Thor GmbH conducted a review. The objective was to clarify whether an unscheduled write-down was required according to \u00a7 204 para. 2 UGB. The basis for the recommendation of an impairment test was the impact of the insolvency of the major customer KTM. The impairment test took into account the resumed orders from KTM as well as newly established customer relationships that have been successfully forged in the meantime, within the framework of the updated company plan for the impairment test.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Legal Notice \/ Disclaimer:<\/strong><\/p>\n<p>This announcement is a mandatory disclosure in accordance with Article 17 of the Market Abuse Regulation. This announcement does not constitute an offer to purchase securities or an invitation to submit an offer to purchase securities of RWT AG. Any future offering of securities of the company will be made in compliance with and based on the applicable capital market regulations.<\/p>\n<p>&nbsp;<\/p>\n<p>THIS COMMUNICATION IS NOT FOR PUBLICATION OR DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR FORWARDING WOULD BE UNLAWFUL.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Follow-up request and contact information:<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>RWT AG<br \/>\nGseng 90<\/p>\n<p>A-5442 Russbach<\/p>\n<p>Austria<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Contact person:<\/p>\n<p>Reinhard Thor<\/p>\n<p>+43 6242 471<\/p>\n<p>r.thor@r-w-t.com<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Ru\u00dfbach, am 10.07.2025 &nbsp; Im Anschluss an die Ad-hoc-Mitteilung vom 1. Juli 2025, in der \u00fcber die Aus\u00fcbung der Redepflicht des Abschlusspr\u00fcfers gem\u00e4\u00df \u00a7\u202f273 Abs.\u202f2 UGB berichtet wurde, gibt die RWT AG folgende erg\u00e4nzende Sachverhalte bekannt: &nbsp; Absage der Dividendenaussch\u00fcttung bei der Tochtergesellschaft Die f\u00fcr das Gesch\u00e4ftsjahr 2024\/2025 bereits beschlossen gewesene phasengleiche Dividendenaussch\u00fcttung der RWT [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-4332","post","type-post","status-publish","format-standard","hentry","category-ad-hoc-meldungen"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/comments?post=4332"}],"version-history":[{"count":4,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4332\/revisions"}],"predecessor-version":[{"id":4336,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/posts\/4332\/revisions\/4336"}],"wp:attachment":[{"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/media?parent=4332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/categories?post=4332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rwt.ag\/en\/wp-json\/wp\/v2\/tags?post=4332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}