Profit warning
A tax adjustment of MAD120m for Lydec. The company has just found, precisely on December 21st, an agreement with the tax authorities for the settlement of a dispute, dated December 21st. The latter follows a tax audit to which Lydec was subjected at the beginning of the year, and which concerned its income tax, corporation tax, VAT – as well as the rights to registrations and stamps. This audit covered the period from 2012 to 2015.
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