DGAP-News
publity's final figures show significant increase in profits for 2016 and positive outlook for 2017 - Seite 2
Due to the dynamic performance of the business during the first few months of 2017 and extremely positive prospects, publity expects sales and profits to rise further during the current 2017 financial year. publity is also raising its guidance for assets under management (AuM). After the company succeeded in almost doubling AuM to EUR 3 billion during 2016, this figure is expected to rise to EUR 5.2 billion by the end of 2017, up from the previous guidance of EUR 5 billion. AuM is expected to increase to EUR 7 billion by the end of 2018.
The audited annual financial statements for financial year 2016 will be made available for download until 5th May 2017 on the company's website at www.publity.de.
Press contact:
Financial press and Investor Relations:
edicto GmbH
Axel Mühlhaus, Peggy Kropmanns
Phone: +49 69 905505-52
Email: publity@edicto.de
About publity
publity AG is an asset manager specialising in office properties in Germany. The company covers a broad value chain, from purchases through to the development and sale of the properties, and also
has a track record of several hundred successful transactions. publity is characterised by its strong network in the real estate sector as well as banks' Work Out departments, and has excellent
access to funding. The company executes its transactions quickly using a highly efficient process with tried and trusted partners. In some cases, publity acts as a co-investor in joint venture
transactions to a limited extent. publity AG's shares (ISIN DE0006972508) are traded on Deutsche Börse's Scale segment.
28.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: | English |
Company: | publity AG |
Landsteinerstr. 6 | |
04103 Leipzig | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | info@publity.de |
Internet: | www.publity.de |
ISIN: | DE0006972508 |
WKN: | 697250 |
Listed: | Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt |
End of News | DGAP News Service |
|
Lesen Sie auch
568619 28.04.2017