DGAP-Adhoc: publity expects IFRS consolidated net income to double to around EUR 50 million in 2019 and Assets under Management to increase significantly
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DGAP-Ad-hoc: publity AG / Key word(s): Forecast
publity expects IFRS consolidated net income to double to around EUR 50 million in 2019 and Assets under Management to increase significantly
31-May-2019 / 14:28 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.
Publication of inside information pursuant to Article 17 MAR
publity expects IFRS consolidated net income to double to around EUR 50 million in 2019 and Assets under Management to increase significantly
Frankfurt, 31/05/2019 - publity AG (Scale, ISIN DE0006972508) expects its IFRS consolidated net income to increase to around EUR 50 million in 2019. This represents approximately a doubling compared to the consolidated profit of EUR 24.6 million for the fiscal year 2018. The positive development of the Asset Management division and the company's own real estate portfolio, which is to be further expanded by acquisitions, is likely to be the driving force of the profit leap. publity has already increased its Assets under Management from EUR 4.6 billion at the end of 2018 to around EUR 5.0 billion and expects further substantial growth in the fiscal year 2019.
Information and Explanation of the Issuer to this News:
COMMENTARY SECTION
In the framework of cooperation with institutional investors, publity receives so-called finder fees for the purchase of properties, is rewarded for ongoing asset management and participates significantly in the profitable sale of the properties. In addition to asset management for institutional investors, publity has been building up its own portfolio of selected properties since the end of 2018. The real estate portfolio currently comprises five almost fully leased properties with a total rental area of almost 178,000 square metres and a total value of approx. 501 million euros.
The company's own portfolio was recently extended by the acquisition of two properties in Frankfurt/Main. These include the 'Access Tower' office skyscraper with a rentable area of just under 21,000 square meters and the 'St. Martin Tower' with 26,000 square meters of rental space. In 2019, the 'Karstadt headquarters' in Essen with a total lettable area of around 100,000 square meters was also acquired. Solely the ' Access Tower ' has not yet been transferred in terms of benefits and obligations.
The cooperation with the renowned financing and investment partners Meritz Financial Group and IGIS Asset Management concluded in April 2019 will have a positive effect on the further rapid expansion of the real estate portfolio. As part of this cooperation, investments in publity AG's real estate portfolio in the higher three-digit million euro range are planned throughout the next 18 months.
Thomas Olek, CEO of publity AG: 'The focus of our business activities will continue to be the asset management of German office properties for institutional investors. In addition, we will continue to significantly expand our own real estate portfolio in the future. We will therefore benefit fully from the increases in value'.
Press Contact:
Financial Press and Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Phone: +49 69 905505-52
Email: [email protected]
31-May-2019 CET/CEST 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: |
publity AG |
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Opernturm, Bockenheimer Landstraße 2-4 |
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60306 Frankfurt am Main |
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Germany |
| Phone: |
0341 26178710 |
| Fax: |
0341 2617832 |
| E-mail: |
[email protected] |
| Internet: |
www.publity.de |
| ISIN: |
DE0006972508, DE000A169GM5 |
| WKN: |
697250, A169GM |
| Indices: |
Scale 30 |
| Listed: |
Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: |
817967 |
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| End of Announcement |
DGAP News Service |
817967 31-May-2019 CET/CEST
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Die wichtigsten Finanzdaten auf einen Blick
|
| |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023e |
| Umsatzerlöse1 |
23,57 |
37,22 |
20,32 |
16,01 |
28,75 |
28,00 |
0,00 |
| EBITDA1,2 |
16,33 |
22,03 |
-5,93 |
15,78 |
15,05 |
13,60 |
0,00 |
| EBITDA-Marge3 |
69,28 |
59,19 |
-29,18 |
98,56 |
52,35 |
48,57 |
|
| EBIT1,4 |
16,14 |
30,82 |
116,30 |
15,60 |
14,60 |
13,00 |
0,00 |
| EBIT-Marge5 |
68,48 |
82,80 |
572,34 |
97,44 |
50,78 |
46,43 |
0,00 |
| Jahresüberschuss1 |
10,09 |
24,62 |
64,16 |
12,07 |
-15,43 |
-195,00 |
0,00 |
| Netto-Marge6 |
42,81 |
66,15 |
315,75 |
75,39 |
-53,67 |
-696,43 |
0,00 |
| Cashflow1,7 |
10,28 |
20,97 |
-45,59 |
12,22 |
-14,98 |
0,00 |
0,00 |
| Ergebnis je Aktie8 |
1,67 |
2,95 |
4,82 |
0,81 |
0,73 |
-13,10 |
-15,92 |
| Dividende8 |
0,00 |
1,50 |
0,00 |
0,00 |
0,00 |
0,00 |
2,80 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2021 - Kostenfrei herunterladen. 
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de
Wirtschaftsprüfer: MSW
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| INVESTOR-INFORMATIONEN |
| ©boersengefluester.de |
| Publity |
| WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
| 697250 |
5,900 |
|
87,77 |
| KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
| 9,83 |
18,88 |
0,57 |
-4,56 |
| KBV |
KCV |
KUV |
EV/EBITDA |
| 0,65 |
- |
3,05 |
11,14 |
| Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e
in % |
Hauptversammlung |
| 0,00 |
0,00 |
0,00 |
11.04.2024 |
| Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
|
29.09.2023 |
|
14.07.2023 |
| Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
| -41,89% |
-63,39% |
-66,09% |
-73,18% |
|
|
publity AG DE0006972508