17.10.2016
Deutsche Beteiligungs AG DE000A1TNUT7
DGAP-Adhoc: Deutsche Beteiligungs AG: Earnings to significantly exceed forecast: Preliminary net income of between 48 and 52 million euros
Deutsche Beteiligungs AG / Key word(s): Preliminary Results
17.10.2016 13:12
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.
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Disclosure of inside information in accordance with Article 17 para. 1 of
Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation - MAR)
Deutsche Beteiligungs AG (ISIN: DE000A1TNUT7 / WKN: A1TNUT) - Earnings to
significantly exceed forecast: Preliminary net income of between 48 and 52
million euros
Deutsche Beteiligungs AG (DBAG) achieved much better than expected net
income in its 2015/2016 financial year (1 October to 30 September). Based
on unaudited preliminary results, net income will range between 48 and 52
million euros. The prime reason for exceeding its last re-confirmed
forecast issued in the Company's quarterly statement on the third quarter
is the improvement in the stock market multiples that DBAG uses to value
its portfolio companies. At the period end on 30 September, the multiples
for nearly all peer groups surpassed the levels recorded at the preceding
valuation date on 30 June, thereby recouping the declines recorded during
the third quarter of our financial year.
The most recent income trend does not have an influence on the amount of
the dividend. DBAG further developed its dividend policy this past
financial year, which it communicated in its Quarterly Statement on the
third quarter in mid-August. The Board of Management assumes that the
dividend recommendation to shareholders at the Annual Meeting will be in
line with at least that of the previous year, which was 1.00 euro per
share.
The complete annual consolidated financial statements will be issued on 15
December 2016.
The Board of Management
Frankfurt am Main, 17 October 2016
End of ad hoc announcement
Contact:
Thomas Franke
Head of Public Relations/Investor Relations
E-Mail: [email protected]
Phone: +49 69 95787 307
17.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Deutsche Beteiligungs AG
Börsenstrasse 1
60313 Frankfurt am Main
Germany
Phone: +49 (0)69 957 87-01
Fax: +49 (0)69 957 87-199
E-mail: [email protected]
Internet: www.dbag.de
ISIN: DE000A1TNUT7
WKN: A1TNUT
Indices: SDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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