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DF Deutsche Forfait AG
Earnings Release • Aug 27, 2019
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Earnings Release
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Ad-hoc | 27 August 2019 10:09
DF Deutsche Forfait AG breaks even in Q2 and projects a consolidated result of over EUR 2 million for full year 2019
DF Deutsche Forfait AG / Key word(s): Change in Forecast/Half Year Results
DF Deutsche Forfait AG breaks even in Q2 and projects a consolidated result of over EUR 2 million for full year 2019
27-Aug-2019 / 10:09 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.
DF Deutsche Forfait AG breaks even in Q2 and projects a consolidated result of over EUR 2 million for full year 2019
Grünwald, 27. August 2019 – DF Deutsche Forfait AG (ISIN share: DE000A2AA204, ISIN bond: DE000A1R1CC4) has announced a consolidated result of EUR 0.3 million (previous year EUR -0.5 million) for the second quarter of 2019 and, hence, a return to profit, based on preliminary figures. The positive quarterly result was adversely affected by a provision of EUR 0.35 million for a legal dispute. As a result of this one-time effect, the company still posts a slightly negative consolidated result of EUR -0,1 million (previous year EUR -1.4 million) for the first half of 2019. The business volume in the first six months totaled EUR 45.1 million (previous year: EUR 30.5 million).
In view of the business transactions concluded in the past weeks, DF Group assumes that the positive trend will continue in the second half of 2019 and has put its original forecast for the 2019 financial year, which projected a business volume of approx. EUR 300 million and a positive, but not quantified, consolidated result, in more concrete terms. Although the business volume of EUR 300 million will probably not be achieved due to shifts within the product portfolio, the company currently projects a consolidated result of over EUR 2 million for the current financial year.
The Board of Management
DF Deutsche Forfait Group
Hirtenweg 14
82031 Grünwald
T +49 89 21551900-0
F +49 89 21551900-9
Investor Relations / Press
Frederic Hilke
IR.on AG
T +49 221 9140 970
27-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | DF Deutsche Forfait AG |
| Hirtenweg 14 | |
| 82031 Grünwald | |
| Germany | |
| Phone: | +49 89 21551900-0 |
| Fax: | +49 89 21551900-9 |
| E-mail: | [email protected] |
| Internet: | www.dfag.de |
| ISIN: | DE000A2AA204, DE000A1R1CC4, |
| WKN: | A2AA20, A1R1CC |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 863581 |
| End of Announcement | DGAP News Service |