press center press release

Update on the impairment loss in EDX London

Published

Update on the impairment loss in EDX London In a press release of November 3, 2005 OMX informed about an impairment loss in EDX London Ltd, jointly owned by OMX (24 percent) and The London Stock Exchange (76 percent). The total impairment loss in EDX London Ltd amounts to GBP 22 million and is related mainly to goodwill. EDX London is booked as an OMX associated company. During the fourth quarter 2005 this impairment loss had a negative impact on the OMX result of SEK 21 million and is booked under participation in earnings of associated companies. For more information, please contact: Jakob Håkanson, Head of Investor Relations +46 8 405 60 42 About OMX | OMX is a leading expert in the exchange industry. As owner and operator of the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Ourintegrated technology solutions span the entire transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen. For more information please visit www.omxgroup.com. PDF

In This Story

Nasdaq Press Center

Read the latest press releases, request a press kit, and get in touch with our press team.

learn more