AI assistant
Verianos SE — Earnings Release 2016
Nov 28, 2016
4532_rns_2016-11-28_77647bab-b810-4b3f-8c6c-a1b559e91803.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 28 November 2016 15:27
VERIANOS Real Estate Aktiengesellschaft: FISCAL YEAR 2016: RESULT EXPECTED AT UPPER END OF TARGET RANGE / TARGET RANGE FOR 2017 RAISED UP TO EUR 1.6M – EUR 2.0M
VERIANOS Real Estate Aktiengesellschaft / Key word(s): Forecast
28.11.2016 15:27
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
FISCAL YEAR 2016: RESULT EXPECTED AT UPPER END OF TARGET RANGE / TARGET
RANGE FOR 2017 RAISED UP TO EUR 1.6M - EUR 2.0M
Frankfurt am Main, Nov 28, 2016. For the fiscal year 2016 the company
expects a result at the upper end of the preannounced target range of EUR
1.2m to EUR 1.5m.
In our Real Estate Private Equity / Co-Investment division a total of ca
EUR 100m of sell- and buy-side transactions has been accomplished in 2016.
All investments so far perform according or above the corresponding
business plan projections. The investments already executed performed well
ahead of projections, some with an IRR above 50%.
Provided that the respective economic conditions remain stable the company
assumes an annual profit of EUR 1.6m to EUR 2.0m for the year 2017.
Further information on VERIANOS Real Estate Aktiengesellschaft are
available on www.verianos.com.
This publication constitutes neither an offer to sell nor an invitation to
make an offer to buy securities.
IR contact:
VERIANOS Real Estate Aktiengesellschaft
Investor Relations
Christian Bähringer, esq.
Bethmannstraße 56
60311 Frankfurt am Main
Germany
T +49 69 69 768 88 0
F +49 69 69 768 88 9
Mail: [email protected]
Company contact:
VERIANOS Real Estate Aktiengesellschaft
Gürzenichstraße 21
50667 Köln
Germany
T +49 221 200 46 100
F +49 221 200 46 140
Mail: [email protected]
28.11.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: VERIANOS Real Estate Aktiengesellschaft
Gürzenichstraße 21
50667 Köln
Germany
Phone: 0049 221 20046 100
Fax: 0049 221 20046 140
E-mail: [email protected]
Internet: www.verianos.com
ISIN: DE000A0Z2Y48
WKN: A0Z2Y4
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service