Brief: DFV Deutsche Familienversicherung FY EBIT Swings To Loss Of EUR 4.1 Million

DFV Deutsche Familienversicherung AG

04/04/2019 10:02

April 4 (Reuters) - DFV Deutsche Familienversicherung AG
 DFV.DE :
    * FY EBIT DECLINED ACCORDINGLY, FROM EUR 2.1 MILLION TO -EUR
4.1
MILLION
    * FY INCREASE IN SALES INVESTMENTS, WHICH AMOUNTED TO AROUND
EUR
15 MILLION
    * IFRS NET LOSS FOR 2018 FINANCIAL YEAR AMOUNTED TO EUR 3.3
MILLION
    * EXPECTS A PRE-TAX LOSS OF BETWEEN EUR 9 MILLION AND EUR 11
MILLION IN 2019
    * BREAKEVEN POINT IS EXPECTED TO BE REACHED IN 2021
    * DISTRIBUTION COSTS ALONE ARE EXPECTED TO DOUBLE TO AROUND
EUR 30
MILLION IN 2019

Source text for Eikon:  ID:nEQ9rMKDXa 
Further company coverage:  DFV.DE 

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