Ad hoc announcement: DF Deutsche Forfait AG breaks even in Q2 and projects a consolidated result of over EUR 2 million for full year 2019

27Aug2019

Ad hoc 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, 10:09 CET/CEST – 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

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  • 27 Aug, 2019
  • IR.on
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