DF Deutsche Forfait AG — Earnings Release 2007

Nov 14, 2007

News Details

Corporate | 14 November 2007 07:56

DF Group announces provisional figures for the first nine months of 2007

DF Deutsche Forfait AG / Quarter Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

DF Group announces provisional figures for the first nine months of 2007

• Share of high-margin forfaiting operations increased in the third quarter
• Earning power significantly increased
• Forecast confirmed

Cologne, 14 November 2007 – DF Deutsche Forfait AG (ISIN: DE0005488795)
significantly increased its earning power in the first nine months of 2007.
After the first three quarters of 2007, the group’s key business figure,
gross results including financial results, stood at approximately EUR 11.5
million, representing a rise of 40 % compared to the previous year’s figure
of EUR 8.2 million. The increase was due to the higher share of high-margin
forfaiting operations compared to the same period of the previous year. In
spite of a slight drop of 5 % in forfaiting volume to EUR 733.3 million,
the forfaiting margin including financial results increased markedly to 1.6
%, as against 1.1 % in the first nine months of 2006. The consolidated
profit after the first three quarters stood at EUR 3.8 million,
representing a plus of 32 % year on year.

Business development in the third quarter of 2007 was a significant
contributing factor in enhancing earning power. As the year progressed,
gross results including financial results increased continuously from EUR
2.9 million in the first three months and EUR 3.6 million in the second
quarter to EUR 5.0 million in the recent quarter. During that period, the
increased refinancing capabilities resulting from the IPO in May 2007 also
showed first effects. Consolidated profit likewise increased successively
over the year, reaching EUR 1.6 million in the third quarter.

In view of the favourable business development during the first nine months
of 2007, the board of DF Deutsche Forfait Group confirms its forecast of a
consolidated profit of EUR 4.8 million for the total 2007 financial year.

As announced, the full report for the third quarter 2007 will be published
on 30 November 2007.

About DF Group

The main business activities of DF Group are the purchase and sale of
selected export receivables in emerging markets on a non-recourse basis.
The objective is to sell the acquired receivables at the same time or in
the short term. Forfaiting is an increasingly important tool in export
financing, with volumes rising in line with growth in international trade
and the continuing advance of globalization. Creating tradable products
from receivables benefits both exporters and buyers. As well as
transferring risk to the buyer, the main benefit of forfeiting for
exporters is the inflow of cash. This relieves the exporters’ credit lines
and improves their balance sheet structure. DF Deutsche Forfait AG
structures receivables attractively, so that investors seek them as a type
of investment.

DF Deutsche Forfait AG
Media & Investor Relations
Kattenbug 18 - 24
50667 Cologne
T +49 221 97376-37
F +49 221 97376-60
E investor.relations@dfag.de
http://www.dfag.de

14.11.2007 Financial News transmitted by DGAP

Language: English
Issuer: DF Deutsche Forfait AG
Kattenbug 18-24
50667 Köln
Deutschland
Phone: +49 (0)221 - 973 76 0
Fax: +49 (0)221 - 973 76 76
E-mail: dfag@dfag.de
Internet: www.dfag.de
ISIN: DE0005488795
WKN: 548879
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

---