***Breaking news: Adler does not receive audit opinion - share price collapses***.

The Adler Group real estate group has suffered a major setback in the ongoing dispute over its reporting system. According to its own statements, the auditor KPMG is not in a position to issue an audit opinion after the completion of the audit of the financial statements. KPMG has announced a so-called disclaimer of opinion for the 2021 consolidated and separate financial statements, Adler announced late Friday evening in Luxembourg. The share price of the real estate group slumped significantly on the trading platform Tradegate in an initial reaction.

🟥 Adler Group $ADL, 5,10€ (-34,44%)

Source: Handelsblatt: https://hbapp.handelsblatt.com/cmsid/27961168.html