Worthington Enterprises Deconsolidates Sustainable Energy Solutions (SES)

Worthington Enterprises deconsolidated its former Sustainable Energy Solutions (SES) segment, which contributed $40 million in sales in the prior year quarter. The company also recorded a noncash impairment charge related to its equity investment in the SES joint venture.

“This reflects the deconsolidation of our former Sustainable Energy Solutions segment, which contributed $40 million in sales last year.”

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