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CR Capital AG

Earnings Release Nov 16, 2018

5378_rns_2018-11-16_4e152961-d43f-4034-bc39-e96c6548ff7e.html

Earnings Release

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News Details

Ad-hoc | 16 November 2018 10:51

CR Capital Real Estate AG: raises earnings per share forecast // Stefan Demske seeks to move to the Supervisory Board

CR Capital Real Estate AG / Key word(s): Preliminary Results/Change of Personnel

CR Capital Real Estate AG: raises earnings per share forecast // Stefan Demske seeks to move to the Supervisory Board

16-Nov-2018 / 10:51 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.


The group sales for the fiscal year 2018 are expected to raise to over EUR 20 million (previous year: EUR 10.4 million). Net income is estimated at EUR 7.4 million (previous year: EUR 5.80 million). Thus, earnings per share will raise to EUR 3.94 (previous year: EUR 3.14).

Mr Stefan Demske, Chief Executive Officer since 2014, has declared to resign from the Executive Board for personal reasons by the end of the year. To support the positive development of CR Capital Real Estate AG he informed the Supervisory Board that he is going to run for membership of the Supervisory Board at the Annual General Meeting in 2019. The Executive Board will be managed by Ms Christiane Bohm (Chief Financial Officer since October 1st, 2018) and Mr Thomas Zienterski (Chief Operations Officer since March 1st, 2018). The Supervisory Board thanks Mr Stefan Demske for his involment and extraordinary contributions.


16-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: CR Capital Real Estate AG
Fasanenstraße 77
10623 Berlin
Germany
Phone: +49 30 889 26 88 0
Fax: +49 30 889 26 88 69
E-mail: [email protected]
Internet: www.capital-real-estate-ag.de
ISIN: DE000A2GS625
WKN: A2GS62
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service

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