LAIQON AG - Earnings Release 2016

News Details

Corporate | 21 February 2017 07:46

Preliminary figures for 2016: Lloyd Fonds AG with full-year consolidated net profit of EUR 3.2 million

DGAP-News: Lloyd Fonds Aktiengesellschaft / Key word(s): Preliminary Results

21.02.2017 / 07:46

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

Hamburg, February 21, 2017. According to provisional calculations, Lloyd Fonds AG generated consolidated net profit of EUR 3.2 million in 2016, thus achieving its own forecast. As the Hamburg-based investment and assetmanager stated, consolidated net profit doubled in size for the second consecutive time (2015: EUR 1.6 million; 2014: EUR 0.8 million). Mid year, the company had been expecting consolidated net profit of between EUR two and EUR three million and had once again raised this forecast due to the successful business activity in autumn and winter.

“We owe this very good result to our experienced management team who are able to make use of market opportunities,” says Dr. Torsten Teichert, CEO of Lloyd Fonds AG. “The Management Board and Supervisory Board are discussing the use of the profit for the year against the backdrop of our encouraging business performance.”

Earnings before taxes (EBT) are expected to come to EUR 3.2 million, equivalent to an increase of 72 percent over the previous year (2015: EUR 1.8 million). The combined total of sales and net finance income came to EUR 11.9 million and was therefore virtually unchanged over the previous year (EUR 12.6 million). This reflects the company’s profitability despite almost unchanged employee numbers. Group liquidity rose to EUR 11.7 million as of December 31, 2016 (2015: EUR 10.2 million).

Lloyd Fonds AG’s annual report will be published in April.

Contact:

Susanne Maack

Lloyd Fonds AG

Amelungstraße 8-10

20354 Hamburg

Tel: +49-40-325678-132

Fax: +49-40-325678-99

Mail: [email protected]

21.02.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	Lloyd Fonds Aktiengesellschaft
	Amelungstr. 8-10
	20354 Hamburg
	Germany
Phone:	+49 (0)40 32 56 78-0
Fax:	+49 (0)40 32 56 78-99
E-mail:	[email protected]
Internet:	www.lloydfonds.de
ISIN:	DE000A12UP29
WKN:	A12UP2
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt