Pharol's tax contingencies may drop to 103.2 million after favorable decision

Pharol announced a favorable court ruling that could reduce its potential tax liabilities from 153.6 million euros to 103.2 million euros. This decision pertains to a tax dispute regarding a 50.4 million euro liability from 2009. Although the ruling is subject to appeal, if finalized, it would eliminate the corresponding tax contingency. The company maintains that the risk of loss in ongoing tax processes is low, as per their financial disclosures.