Orsero says Trucco operating profit figure needs reconciliation, delays disclosure

  • Orsero clarified it cannot yet disclose operating profitability for Trucco Holdings, AJ Trucco because the metric would be misleading.
  • The targets use “income tax basis” accounting, requiring reconciliation to Orsero’s accounting standards.
  • Figures also need adjustments for integration-related costs identified during acquisition due diligence.
  • Orsero will update the market once the reconciliation and adjustments are completed.


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