Adler - comment

According to Adler, Bafin have concluded their investigation into the company’s 2019 financial statements without imposing a fine or ordering any other penalties, safe for upholding their Error statement. We had not expected a radical outcome of the situation, but Adler’s interpretations of events can at times be tinted and we are waiting to see the statement from the regulator. 

Wolfgang FelixADLER