19.10.2016
DF Deutsche Forfait AG DE000A2AA204
DGAP-Adhoc: DF Deutsche Forfait AG presents adjusted budget for 2016/17
DF Deutsche Forfait AG / Key word(s): Change in Forecast/Results Forecast
19.10.2016 17:59
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.
---------------------------------------------------------------------------
DF Deutsche Forfait AG presents adjusted budget for 2016/17
- New business in 2016 still low; optimised compliance system for restart
- Greatly increased business volume and positive operating result
expected for FY 2017
Cologne, 19 October 2016 - The newly formed Management Board of DF Deutsche
Forfait AG today submitted a revised budget for 2016 and 2017. According to
the new budget, the management projects a low business volume of EUR 5
million to EUR 10 million for the twelve months of the year 2016, and
therefore a negative operating result. In the course of the business
restart in the second half of 2016, the business volume was previously
projected to amount to EUR 150 million. Before re-entering the market, it
is intended, however, to optimise the company's compliance and risk
management system to ensure that it fully meets the highest international
standards. Several international law firms specialising in compliance and
sanctions law will provide advisory support. With regard to the Group
result for the twelve-month period of 2016, the Board projects, despite the
operating losses, a clearly positive net result, due to the earnings
contribution (special effect) from the creditors' partial waiver as
provided by insolvency plan. As far as the financial report for 2016 is
concerned, it should be noted that the calendar year 2016 is made up of a
stub financial year from 1 January to 1 July 2016 (end of the insolvency)
and a stub financial year from 2 July to 31 December 2016.
In view of the many opportunities for the company's business activity, the
Management Board projects a significantly higher business volume and a
positive operating result for the financial year 2017.
The budget planning is still subject to the Supervisory Board's approval.
DF Deutsche Forfait AG
Investor relations
Karolin Bistrovic
Kattenbug 18 - 24
50667 Köln
T +49 221 97376-61
F +49 221 97376-60
E [email protected]
http://www.dfag.de
19.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: DF Deutsche Forfait AG
Hirtenweg 14
82031 Grünwald
Germany
Phone: +49 89 21551900-0
Fax: +49 89 21551900-9
E-mail: [email protected]
Internet: www.dfag.de
ISIN: DE000A2AA204, DE000A1R1CC4,
WKN: A2AA20, A1R1CC
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart,
Tradegate Exchange
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
DF Deutsche Forfait AG ISIN: DE000A2AA204 können Sie bei EQS abrufen
Finanzdienstleistungen , A2AA20 , DFTK , XETR:DFTK