Brief: DIC Asset H1 EBITDA At EUR 91.2 Mln

BRANICKS AG

02/08/2022 06:37

Aug 2 (Reuters) - DIC ASSET AG  DICn.DE :
    * FIRST HALF-YEAR OF 2022 A SUCCESS – AMBITIOUS YEAR-END
FORECAST
FOR 2022 REAFFIRMED
    * ASSETS UNDER MANAGEMENT INCREASE TO EUR 14.2 BILLION
(+26%)
    * FORECAST FOR 2022 UPHELD AND TRANSACTION TARGETS
SIGNIFICANTLY
RAISED
    * IC MANAGED TO GENERATE EUR 53.0 MILLION IN FUNDS FROM
OPERATIONS
(FFO) AFTER NON-CONTROLLING INTERESTS (PREVIOUS YEAR: EUR 53.0
MILLION) BY MID-YEAR
    * H1 PROFIT FOR PERIOD MATCHED PREVIOUS YEAR'S LEVEL AT EUR
38.9
MILLION (PREVIOUS YEAR: EUR 37.7 MILLION)
    * NET INTEREST RESULT DECREASED TO EUR -24.5 MILLION
COMPARED TO
PREVIOUS YEAR (MID-YEAR 2021: EUR -14.6 MILLION)
    * H1 EBITDA AT EUR 91.2 MILLION
    * H1 EBIT AT EUR 59.4 MILLION
    * EXPECTS PARAMETERS TO REMAIN GENERALLY STABLE THROUGH END
OF
2022 FINANCIAL YEAR
    * CONTINUES TO EXPECT TO EARN SOMEWHERE BETWEEN EUR 130 AND
136
MILLION IN FFO EXCLUDING NON-CONTROLLING INTERESTS

Source text for Eikon:  ID:nEQbny5QFa 
Further company coverage:  DICn.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))