Correction to the release: Elcoteq Proceeds in Stabilizing Its Financing Structure, Harmonizes Its Share Series and Makes Changes to The Composition of The Board of Directors
(Thomson Reuters ONE) -
Elcoteq SE
Stock Exchange Release
March 31, 2010, at 9.00 am (EET)
Correction to Elcoteq SE´s release in Finnish sent on March 31, 2010 at 8.00 am
EET. In the release it is stated that Elcoteq would amortize the EUR 100 million
revolving credit facility by EUR 33 million by March 31, 2010. However, the
amortization will be done by March 31, 2011.
ELCOTEQ SE
Satu Jaatinen
Communications Manager
About Elcoteq
Elcoteq SE is the global Life Cycle Service Partner for high-tech product and
service companies.
Engineering, Manufacturing, Fulfillment and After Market Services are the
cornerstones of Elcoteq's extensive service offering. Elcoteq has a proven track
record in electronics manufacturing services (EMS) and a global factory network
coupled with modern manufacturing equipment and consistent systems and
processes.
Products include Consumer Electronics devices such as mobile phones and their
accessories, set-top boxes, flat panel TVs as well as System Solutions products
such as infrastructure systems, modules and other industrial segment products.
The Group's consolidated net sales for 2008 totaled 3.4 billion euros and it
employs approximately 11,000 persons. Elcoteq SE is listed on the Nasdaq OMX
Helsinki Ltd. For more information visit the Elcoteq website at
www.elcoteq.com.
[HUG#1399560]
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Datum: 31.03.2010 - 02:05 Uhr
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