TK Development A/S Lowers Earnings Guidance for the Fiscal Year 2019; Announces Impairment Guidance for the Fiscal Year 2019; Appoints Søren Kempf Holm as CEO from October 1, 2018
The anticipated acceleration of the sale of the Group's plot of land in Poland will give rise to an impairment loss of some DKK 20 million.
Søren Kempf Holm will take up the position as new CEO of TK Development on 1 October 2018.