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publity AG
Earnings Release • Jan 26, 2018
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Earnings Release
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News Details
Ad-hoc | 26 January 2018 18:18
publity AG: publity anticipates earnings for 2017 to be lower than previous year
publity AG / Key word(s): Change in Forecast/Real Estate
publity AG: publity anticipates earnings for 2017 to be lower than previous year
26-Jan-2018 / 18:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of insider information according to Article 17 MAR
publity anticipates earnings for 2017 to be lower than previous year
Leipzig, 26 January 2018 – While preparing the annual financial statements for 2017, the Managing Board of publity AG (ISIN DE0006972508) has come to believe that in 2017 the company has not reached the previous year’s earnings of EUR 23.1 million. However, according to current information, earnings for the year will be significantly positive. This is due to property sales that were not realised at the end of 2017 in the amount of EUR 280 million which have been shifted to 2018. Assets under management increased substantially through to the end of 2017, however it was not possible to attain the target of EUR 5.2 billion. The portfolio property holdings will also be increased after 31 December using the existing liquidity. Provisional figures for the 2017 financial year are scheduled to be published on 20 February.
The Managing Board
Press contact:
Financial press and investor relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Telephone: +49 69 905505-52
E-mail: [email protected]
26-Jan-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | publity AG |
| Landsteinerstr. 6 | |
| 04103 Leipzig | |
| Germany | |
| Phone: | 0341 26178710 |
| Fax: | 0341 2617832 |
| E-mail: | [email protected] |
| Internet: | www.publity.de |
| ISIN: | DE0006972508 |
| WKN: | 697250 |
| Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |