Brief: Deutsche Beteiligungs-AG Raises Full-year Guidance

Deutsche Beteiligungs AG

22/07/2021 15:09

July 22 (Reuters) - Deutsche Beteiligungs AG  DBANn.DE :
    * DGAP-ADHOC: DEUTSCHE BETEILIGUNGS AG (ISIN: DE000A1TNUT7 /
GERMAN SECURITIES ID: A1TNUT): PUBLICATION OF A NEW FORECAST FOR
THE FINANCIAL YEAR 2020/2021
    * NOW EXPECTS NET INCOME FOR 2020/2021 TO BE IN A RANGE OF
125 TO
145 MILLION EUROS
    * MOST RECENTLY FORECAST RANGE (PUBLISHED IN MARCH AND
AFFIRMED IN
MAY 2021) WAS BETWEEN 70 AND 80 MILLION EUROS
    * ANTICIPATED EARNINGS IMPROVEMENT IS BASED ON SIGNIFICANTLY
HIGHER NET INCOME FROM INVESTMENT ACTIVITY, WHICH IS NOW
FORECAST IN A RANGE OF 125 TO 140 MILLION EUROS
    * ACCORDINGLY, QUARTERLY RESULTS FOR PERIOD FROM 1 APRIL TO
30
JUNE 2021 WILL ALSO SHOW A MARKED YEAR-ON-YEAR IMPROVEMENT

Source text for Eikon:  ID:nEQ2nSKPRa 
Further company coverage:  DBANn.DE 

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