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    Lübke Kelber AG publishes half-year report 2024

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    • Lübke Kelber AG reports €470k income, up from €0k.
    • Personnel costs rise to €461k; net loss at €-187k.
    • Equity jumps to €17.7M; positive outlook for 2024.

    EQS-News: Lübke Kelber AG / Key word(s): Half Year Report/Half Year Results
    Lübke Kelber AG publishes half-year report 2024

    30.09.2024 / 14:00 CET/CEST
    The issuer is solely responsible for the content of this announcement.


     

    Lübke Kelber AG publishes half-year report 2024
     
    Frankfurt a. M., 30 September 2024 - Lübke Kelber AG (ISIN: DE000A35JR33), parent company of the Lübke Kelber Group, today published its business figures for the first half of 2024.
     
    As a holding company without its own operating business, the company generated other operating income of EUR 470 thousand (previous year: EUR 0.0 thousand) in the first half of 2024, resulting from the agency and service agreement concluded between Lübke Kelber AG and its operating subsidiary, Dr. Lübke & Kelber GmbH. Personnel expenses totalled EUR 461 thousand in the first six months of the 2024 financial year (previous year: EUR 5 thousand), making them the largest cost item at Lübke Kelber AG. The net loss for the period totalled EUR -187 thousand in the first half of 2024 (previous year: EUR -240 thousand).
     
    The company's equity increased significantly compared to the previous year and totalled EUR 17.7 million (previous year: EUR 0). This results in an equity ratio of 73%. The reason for the significant increase in equity is the contribution of the operating business of Dr. Lübke Kelber GmbH by way of a non-cash capital increase in November last year.
     
    In the transaction business, Dr Lübke & Kelber GmbH was unable to decouple itself from the difficult market environment. Including the special effects resulting from a merger, the subsidiary recorded a negative pre-tax result of EUR -1.2 million.
     
    However, in view of a promising project pipeline, the transaction business is expected to pick up in the second half of the year.
     
    Positive earnings before taxes are expected for Lübke Kelber AG for 2024 as a whole due to the investment income from the operating business.
     
    The 2024 half-year report of Lübke Kelber AG is available at https://luebke-kelber-ag.de/investment-highlights#finanzpublikationen.
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    EQS-News Lübke Kelber AG publishes half-year report 2024 EQS-News: Lübke Kelber AG / Key word(s): Half Year Report/Half Year Results Lübke Kelber AG publishes half-year report 2024 30.09.2024 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement.   Lübke Kelber AG …