Non-recurring item in financial and net result

The financial result amounted to EUR -5.3 million and was therefore significantly below the previous year’s figure of EUR 0.1 million. The previous year’s result was positively influenced by a reduced interest burden in connection with the refinancing. In the reporting year, however, a non-recurring, non-cash effect from the reclassification of cumulative foreign currency translation adjustments of EUR 3.8 million had a negative impact on the financial result; the reclassification resulted from the liquidation of a foreign subsidiary. Net result amounted to EUR -7.6 million; adjusted for the non-recurring effect, net result amounted to EUR -3.8 million (previous year: EUR -4.9 million).