Brief: Deutsche Beteiligungs Sells Stake In R+S

Deutsche Beteiligungs AG

17/07/2023 17:30

July 17 (Reuters) - DEUTSCHE BETEILIGUNGS AG  DBANn.DE :
    * STAKE IN R+S SOLD – UNEXPECTED CONTRIBUTION TO DBAG’S
THIRD
QUARTER 2022/2023 NET INCOME OF 14 MILLION EUROS
    * ENVISAGES AN ADDITIONAL, UNEXPECTED CONTRIBUTION TO NET
INCOME
OF APPROXIMATELY 14 MILLION EUROS IN Q3 OF 2022/2023
    * NOW EXPECTS TO REACH UPPER HALF OF PREVIOUS FORECAST RANGE
FOR
2022/2023 FINANCIAL YEAR
    * PROCEEDS RECEIVED BY DBAG FROM DISPOSAL EXCEED FAIR VALUE
OF
INVESTMENT HELD BY DBAG IN R+S IN DBAG'S LAST PUBLISHED
HALF-YEARLY FINANCIAL REPORT
    * IT IS INTENDED THAT DBAG WILL INVEST PART OF PROCEEDS FROM
SALE
IN A STAKE IN NOKERA.
    * QUARTERLY STATEMENT AS AT 30 JUNE 2023 WILL BE PUBLISHED
ON 10
AUGUST 2023. THIS WILL TAKE INTO ACCOUNT UNEXPECTED VALUE
CONTRIBUTION FROM THIS TRANSACTION

Source text for Eikon:  ID:nEQ35jmBpa 
Further company coverage:  DBANn.DE 

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