checkAd

    DGAP-Adhoc  594  0 Kommentare Deutsche Beteiligungs AG: Earnings to significantly exceed forecast: Preliminary net income of between 48 and 52 million euros


    Deutsche Beteiligungs AG / Key word(s): Preliminary Results

    17.10.2016 13:12

    Disclosure of an inside information according to Article 17 MAR,
    transmitted by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    ---------------------------------------------------------------------------

    Disclosure of inside information in accordance with Article 17 para. 1 of
    Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation - MAR)

    Deutsche Beteiligungs AG (ISIN: DE000A1TNUT7 / WKN: A1TNUT) - Earnings to
    significantly exceed forecast: Preliminary net income of between 48 and 52
    million euros

    Deutsche Beteiligungs AG (DBAG) achieved much better than expected net
    income in its 2015/2016 financial year (1 October to 30 September). Based
    on unaudited preliminary results, net income will range between 48 and 52
    million euros. The prime reason for exceeding its last re-confirmed
    forecast issued in the Company's quarterly statement on the third quarter
    is the improvement in the stock market multiples that DBAG uses to value
    its portfolio companies. At the period end on 30 September, the multiples
    for nearly all peer groups surpassed the levels recorded at the preceding
    valuation date on 30 June, thereby recouping the declines recorded during
    the third quarter of our financial year.

    The most recent income trend does not have an influence on the amount of
    the dividend. DBAG further developed its dividend policy this past
    financial year, which it communicated in its Quarterly Statement on the
    third quarter in mid-August. The Board of Management assumes that the
    dividend recommendation to shareholders at the Annual Meeting will be in
    line with at least that of the previous year, which was 1.00 euro per
    share.

    The complete annual consolidated financial statements will be issued on 15
    December 2016.

    The Board of Management
    Frankfurt am Main, 17 October 2016

    End of ad hoc announcement




    Contact:
    Thomas Franke
    Head of Public Relations/Investor Relations
    E-Mail: thomas.franke@dbag.de
    Phone: +49 69 95787 307


    17.10.2016 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Archive at www.dgap.de

    ---------------------------------------------------------------------------

    Language: English
    Company: Deutsche Beteiligungs AG
    Börsenstrasse 1
    60313 Frankfurt am Main
    Germany
    Phone: +49 (0)69 957 87-01
    Fax: +49 (0)69 957 87-199
    E-mail: welcome@dbag.de
    Internet: www.dbag.de
    ISIN: DE000A1TNUT7
    WKN: A1TNUT
    Indices: SDAX
    Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
    Regulated Unofficial Market in Berlin, Hamburg, Hanover,
    Munich, Stuttgart, Tradegate Exchange

    End of Announcement DGAP News-Service

    ---------------------------------------------------------------------------



    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-Adhoc Deutsche Beteiligungs AG: Earnings to significantly exceed forecast: Preliminary net income of between 48 and 52 million euros Deutsche Beteiligungs AG / Key word(s): Preliminary Results 17.10.2016 13:12 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this …

    Schreibe Deinen Kommentar

    Disclaimer