World Kinect expects $50-55M charge from erroneous Finnish power bid

WORLD KINECT CORP

Erroneous bid submitted in Finnish power market on Nov 23, 2023; no outstanding positions remain.
Total costs expected between $50M and $55M, charged in Q4 2023.
Balance sheet remains strong with >$1.2B available liquidity as of Q3 2023.

item 7.01

WORLD KINECT CORP filing history →

Source: SEC EDGAR

accession 0001628280-23-039949

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.