October 8, 2019 / 7:35 AM / 14 days ago

BRIEF-Codere Reduces Fy Adjusted EBITDA Expectations In About 20 Mln Euro

Oct 8 (Reuters) - Codere SA:

* REPORTED ON MONDAY, FULL YEAR ADJUSTED EBITDA EXPECTATIONS REDUCTION IN ABOUT 20 MILLION EUROS AFTER FINANCIAL REPORTING INCONSISTENCIES IN LATAM

* PRELIMINARY ANALYSIS OF INCONSISTENCIES AMOUNTS MAXIMUM 13-18 MILLION EUROS IN REPORTED RESULTS AS OF JUNE 2019

* INCONSISTENCIES FOUND IN THE FINANCIAL REPORTING OF SOME OF COMPANY’S LATAM SUBSIDIARIES DURING 2019

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