Friday , February 28 2020
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Solutions 30 and the disappearing audit letter

Summary:
On Wednesday, Alphaville published a story on Solutions 30, a €1.1bn Luxembourg-domiciled company that provides an array of technological services to corporate customers across Europe.In the piece we noticed several oddities in its annual reports, such as tables of subsidiaries populated with error messages, and barely legible text.After we asked the company about these issues while researching the story on Monday, it set about fixing them Tuesday. In the end it switched some of its English reports, such as its 2015 annual report, for French ones and updated others, such as its end-of-year filing from 2014.But there was one change made to a document that we hadn’t even mentioned in the first story: some time between Monday and Wednesday, the audit letter section in its 2017 English annual

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FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

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