Brief: Deutsche Effecten und Wechsel Beteiligungsgesellschaft says 2016 loss to increase to 16.6 million euros

Deutsche Effecten Und Wechsel Beteiligungsgesellschaft AG

07/04/2017 16:36

April 7 (Reuters) - Deutsche Effecten und Wechsel 
Beteiligungsgesellschaft AG  EFFG.DE : 
    * Impairment test of the investment portfolio as part of 
2016 annual statements audit as well as value adjustments 
announced in Sept. and Oct. 2016 resulted in a further 
write-down of 2.2 million euros ($2.33 million) 
    * Annual loss for the year 2016 will increase to 16.6 
million euros according to preliminary figures 
 
Source text for Eikon:  ID:nPex14MbPa  
Further company coverage:  EFFG.DE  
 
($1 = 0.9422 euros) 
 
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