Brödernas Group AB Postpones Annual Financial Statement Release

Brödernas Group AB has announced a delay in the publication of its annual audited consolidated financial statements, originally scheduled for release by the end of April 2025. This decision stems from the ongoing restructuring process within the company. The intent is to avoid presenting potentially misleading financial figures during this period.

The delay affects the company's SEK 175,000,000 senior secured callable fixed rate bonds. This action has triggered an event of default under the existing bond terms, as financial statements were due within four months following the financial year-end.

Richard Forsshéll, CEO of Brödernas, is the designated contact for further inquiries regarding this postponement. The announcement highlights the importance of accurate financial reporting during the restructuring.