SMG Hospitality SE Announces Delay in Publishing 2023 Financial Statements

SMG Hospitality SE reported a delay in the release of its financial statements for the fiscal year 2023. According to an announcement made on April 26, 2024, the company, listed on the Frankfurt Stock Exchange under the ticker RCVR, will miss the four-month deadline for publishing its audited standalone and consolidated financial reports. The delay is linked to the requirement of meeting going-concern prerequisites essential for audit and adoption of the statements. SMG Hospitality is actively working with its auditors to resolve the issues and will provide an updated timeline for the publication as soon as feasible.