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Verianos SE Earnings Release 2017
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Earnings Release
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Ad-hoc | 17 May 2018 16:33
VERIANOS Real Estate Aktiengesellschaft: Financial objectives for 2017 achieved – annual financial statement confirmed
VERIANOS Real Estate Aktiengesellschaft / Key word(s): Final Results
VERIANOS Real Estate Aktiengesellschaft: Financial objectives for 2017 achieved – annual financial statement confirmed
17-May-2018 / 16:33 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.
Financial objectives for 2017 achieved – annual financial statement confirmed
Frankfurt am Main, 17.05.2018 – The supervisory board of VERIANOS Real Estate Aktiengesellschaft has in today’s board meeting acknowledged and confirmed the certified annual and consolidated financial statements of VERIANOS Real Estate Aktiengesellschaft for the financial year 2017.
The consolidated annual result improved by EUR 359k compared to the previous year to now EUR 1,918k and is thus at the upper end of the previously defined target range of EUR 1,600k to EUR 2,000k.
Profit for the financial year 2017 increased by 23% due to a – compared to the previous year – increased turnover (including income from co-investment participations) as well as an improved financial result.
The targeted profit margin of 20% on turnover could also be exceeded in 2017. Return on equity was 12.48%.
For the year 2018 we strive to further improve our financial results – for the sixth year in a row.
Key figures for VERIANOS Real Estate Aktiengesellschaft for the financial year 2017:
| In EURk | 2017 | 2016 | 2015 | 2014 |
| Balance Sheet | 23,803 | 19,493 | 14,311 | 11,218 |
| Shareholder Equity | 15,364 | 10,891 | 9,332 | 8,226 |
| Equity (%) | 64.5% | 55.9% | 65.2% | 73.3% |
| Turnover (incl. income from investments) | 8,312 | 7,770 | 5,255 | 4,333 |
| Turnover yr-to-yr change (%) | 6.98% | 47.86 % | 21.28% | 38.31% |
| Yield on turnover | 23.08% | 20.06% | 20.23% | 9.97% |
| Group Result | 1,918 | 1,559 | 1,063 | 432 |
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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 69768880
F +49 69 69768889
Mail: [email protected]
Company contact:
VERIANOS Real Estate Aktiengesellschaft
Gürzenichstraße 21
50667 Köln
Germany
T +49 221 20046100
F +49 221 20046140
Mail: [email protected]
17-May-2018 CET/CEST 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 Cologne | |
| Germany | |
| Phone: | +49 221 20046100 |
| Fax: | +49 221 20046140 |
| E-mail: | [email protected] |
| Internet: | www.verianos.com |
| ISIN: | DE000A0Z2Y48 |
| WKN: | A0Z2Y4 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart |
| End of Announcement | DGAP News Service |