10.05.2021 publity AG  DE0006972508

DGAP-Adhoc: publity AG consistently reports in accordance with HGB - share remains on the OTC market


 

DGAP-Ad-hoc: publity AG / Key word(s): Miscellaneous
publity AG consistently reports in accordance with HGB - share remains on the OTC market

10-May-2021 / 16:10 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 of the Regulation (EU)

THE INFORMATION CONTAINED IN THIS NOTICE IS NOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, TO, WITHIN OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER COUNTRY OR COUNTRIES WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE CONTRARY TO THE RELEVANT LEGAL PROVISIONS OF THAT COUNTRY.

publity AG consistently reports in accordance with HGB - share remains on the OTC market

- Accounting for 2020 only pursuant to German Commercial Code (HGB)

- Profiling publity AG as a mere real estate services provider

- Subsidiary PREOS Global Office Real Estate and Technology AG continues IFRS accounting

- publity AG decides to remain in the OTC market, plans to switch to the Prime Standard terminated


Frankfurt/Main, 10.05.2021 - publity AG (Scale, ISIN DE0006972508) is narrowing its profile as a mere real estate service provider and will in the future only provide individual financial statements in accordance with the German Commercial Code (HGB). No IFRS consolidated financial statements will be available for the 2020 financial year. The Executive Board is convinced that, given the business model operated by publity, the HGB approach reflects the economic circumstances and the efficiency of publity AG as a real estate service provider without its own portfolio assets much better than the IFRS financial statements. The great expense associated with the preparation of IFRS financial statements does not justify the benefit to shareholders in the opinion of the Executive Board.

After careful examination and consideration, the Executive Board has therefore also decided to remain in the over-the-counter market and terminated plans for a change to the Prime Standard. The Executive Board is convinced that this decision reflects the unchanged stable shareholder structure with strong anchor shareholders and an also anticipated low free float for the future.

The subsidiary PREOS Global Office Real Estate & Technology AG, in its capacity as a real estate portfolio holder, continues to report on the basis of IFRS regulations. Altogether, the independent business models of both companies are thus met with a distinct profile and the foundation for further growth is established.


Information and Explanation of the Issuer to this News:

Information and explanatory notes of the issuer concerning this notification:

'Our business model and structure have turned out to be effective. publity AG is a mere asset manager and real estate service provider with a performance best reflected in HGB accounting. PREOS Global Office Real Estate & Technology AG, our majority shareholding, on the other hand, continues to report on the basis of IFRS standards as a real estate portfolio holder. This reflects the independent business models of both companies with distinctive profiles. We thus inform the capital market in a transparent and cost-efficient manner,' said Frank Schneider, CEO of publity AG.

Press Contact:
Financial Press and Investor Relations:
edicto GmbH
Axel Mühlhaus/ Svenja Liebig
Phone: +49 69 905505-56
Mail: [email protected]

About publity
publity AG ('publity') is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.


10-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: publity AG
Opernturm, Bockenheimer Landstraße 2-4
60306 Frankfurt am Main
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: 1194692

 
End of Announcement DGAP News Service

1194692  10-May-2021 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1194692&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 23,02 41,58 23,57 37,22 20,32 16,01 0,00
EBITDA1,2 20,59 35,71 16,33 22,03 -5,93 15,78 0,00
EBITDA-Marge3 89,44 85,88 69,28 59,19 -29,18 98,56 0,00
EBIT1,4 20,30 35,52 16,14 30,82 116,30 15,60 0,00
EBIT-Marge5 88,18 85,43 68,48 82,80 572,34 97,44 0,00
Jahresüberschuss1 12,51 23,32 10,09 24,62 64,16 12,07 0,00
Netto-Marge6 54,34 56,08 42,81 66,15 315,75 75,39 0,00
Cashflow1,7 12,81 23,51 10,28 20,97 -45,59 12,22 0,00
Ergebnis je Aktie8 2,27 3,89 1,67 2,95 4,82 0,81 1,40
Dividende8 2,00 2,80 0,00 1,50 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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: Warth & Klein Grant Thornton

INVESTOR-INFORMATIONEN
©boersengefluester.de
Publity
WKN Kurs in € Einschätzung Börsenwert in Mio. €
697250 18,560 Kaufen 276,11
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,97 16,42 0,71 9,36
KBV KCV KUV EV/EBITDA
0,48 22,60 17,25 20,59
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00 15.07.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
24.09.2021 18.06.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-2,03% -25,51% -44,43% -48,44%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu publity AG  ISIN: DE0006972508 können Sie bei DGAP abrufen

Immobilien (Gewerbe) , 697250 , PBY , XETR:PBY