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Cherry SE Appoints KPMG as New Auditor Following Court Decision

By Editorial Staff

TL;DR

Cherry SE appoints KPMG as auditor, enhancing financial credibility and investor confidence for competitive advantage in the market.

Cherry SE's court-approved appointment of KPMG as statutory auditor ensures a systematic audit process for the 2025 financial statements.

Cherry SE's new auditor appointment strengthens financial transparency, supporting ethical business practices and stakeholder trust for a better corporate environment.

Cherry SE, known for gaming and healthcare tech, switched to KPMG after their previous auditor declined the engagement in 2025.

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Cherry SE Appoints KPMG as New Auditor Following Court Decision

Cherry SE has appointed KPMG AG Wirtschaftsprüfungsgesellschaft as its new statutory auditor for the audit of the annual financial statements and consolidated financial statements for the 2025 financial year. The court granted the Supervisory Board's request, following the previous auditor RSM Ebner Stolz AG's decision to decline the audit engagement, as announced in an ad hoc announcement in November 2025.

Jurjen Jongma, CFO of Cherry SE, stated that the company welcomes the court's timely decision. He emphasized that by appointing KPMG, Cherry is engaging an auditor of the highest reputation and expertise that will accompany the company's development in an auditing capacity. The company is convinced this appointment provides a robust and future-proof foundation for the audit of its financial statements.

James Burns, Deputy Chairman of the Supervisory Board and Chairman of the Audit Committee of Cherry SE, added that the Supervisory Board acted promptly to ensure the continuity of the audit. He noted that the appointment of KPMG is an important step in supporting the Audit Committee in its review of financial reporting and other monitoring tasks to ensure proper financial reporting of Cherry SE.

For business and technology leaders, this development highlights the critical importance of audit stability for publicly traded technology companies. Cherry SE, an international manufacturer of computer input devices and digital healthcare solutions, operates in competitive sectors where investor confidence depends heavily on transparent financial reporting. The transition to a Big Four auditor like KPMG may signal Cherry's commitment to strengthening governance as it navigates both the computer peripherals market and the expanding digital healthcare sector.

The appointment comes as Cherry continues to develop products for office, gaming, and industrial applications in hybrid work environments, alongside its healthcare technology initiatives. The company maintains operational headquarters in Germany with development, services, logistics, and production sites in Germany, China, and Austria, plus sales offices across Europe, the United States, and Asia. More information about the company is available at https://ir.cherry.de/en/.

For technology industry observers, auditor changes can indicate underlying financial health or strategic shifts. Cherry's swift replacement with a globally recognized firm like KPMG may help maintain investor trust during a period of potential scrutiny. In the broader context, this move underscores how technology firms with diverse business lines—from consumer hardware to enterprise healthcare solutions—must prioritize audit credibility to support growth and market positioning.

Curated from NewMediaWire

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Editorial Staff

Editorial Staff

@editorial-staff

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