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DF Deutsche Forfait AG Earnings Release 2007

Mar 4, 2008

115_rns_2008-03-04_6b77f68b-6abc-4e0f-b6d0-ba9e526e59ac.html

Earnings Release

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News Details

Ad-hoc | 4 March 2008 07:56

DF Deutsche Forfait AG: DF Deutsche Forfait AG announces provisional figures for 2007

DF Deutsche Forfait AG / Preliminary Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


• Profit forecast exceeded
• Forfaiting margin improved
• Dividend payout of 50 % of group profits to be proposed

Cologne, 4 March 2008 – Based on provisional figures, DF Deutsche Forfait
AG (ISIN: DE0005488795) achieved a considerable increase in net profits in
the financial year 2007, thus exceeding its own forecast. Group profits
totalled around EUR 5.3 million compared with EUR 4.7 million in the
financial year 2006. The company forecast for 2007 was EUR 4.8 million.
Based on the average number of shares in the financial year, earnings per
share were EUR 0.87.

Gross results including financial results reflecting the surplus of income
from forfaiting operations and taking account of the related interest
income and expenditure, rose by EUR 0.9 million to EUR 15.1 million.
Adjusted by extraordinary income in the financial year 2006, the increase
was around EUR 1.6 million. The increase resulted above all from the
greater share of high-margin forfaiting operations compared with the same
period of the previous year. Despite a slight decline of 3.8% in the
forfaiting volume to EUR 902.2 million, the forfaiting margin including
financial results thus improved to 1.7 % compared with 1.5 % in the
financial year 2006. After adjustment, the previous year’s margin was 1.4
%.

The Management and Supervisory Board intend to propose a dividend on the
basis of a distribution quota of 50 % of Group profits to the Shareholders’
Meeting. On the basis of the provisional figures, this equates to a
dividend of around EUR 0.39 per share.

The complete consolidated annual financial statements and the annual report
2007, together with a forecast for the current financial year 2008, will be
published by the company on 16 April 2008.

DF Deutsche Forfait AG
Media & Investor Relations
Kattenbug 18 - 24
50667 Cologne
T +49 221 97376-37
F +49 221 97376-60
E-mail: [email protected]
http://www.dfag.de

04.03.2008 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: [email protected]
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