Brief: 2Invest Updates FY 2021 Forecast

2Invest AG

29/11/2021 10:42

Nov 29 (Reuters) - 2INVEST AG  2INVn.DE :
    * CHANGES TO THE 2021 FY FORECAST
    * EXPECTS A NEED FOR WRITE-DOWNS ON SECURITIES HELD AS
CURRENT
ASSETS OF APPROXIMATELY EUR 3.1 MILLION TO EUR 7.1 MILLION AT
THE END OF CURRENT FY
    * THE EXECUTIVE BOARD CURRENTLY ASSUMES THAT THE 2021
FINANCIAL
YEAR WILL CLOSE WITH A NET LOSS OF BETWEEN EUR 2.0 MILLION AND
EUR 6.0 MILLION
    * HIDDEN RESERVES OF CURRENTLY AROUND EUR 3.5 MILLION IN THE
CURRENT ASSETS PORTFOLIO ARE NOT REFLECTED IN THE ANNUAL RESULT
IN ACCORDANCE WITH THE GERMAN COMMERCIAL CODE (HGB)

Source text for Eikon:  ID:nPexgD9Cva 
Further company coverage:  2INVn.DE 

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