Brief: Ernst Russ Sells Companies In Its Real Estate Fund And Asset Management Division

Ernst Russ AG

30/10/2020 17:24

Oct 30 (Reuters) - ERNST RUSS AG  HXCKk.DE :
    * SALE OF ASSETANDO REAL ESTATE GMBH AND OTHER COMPANIES IN
THE
REAL ESTATE FUND AND ASSET MANAGEMENT DIVISION OF THE ERNST RUSS
GROUP
    * FOR THE SOLD COMPANIES SALES REVENUES OF EUR 0.3 MILLION
AND
BALANCED OPERATING RESULT WERE PLANNED FROM DECONSOLIDATION
    * THE DECONSOLIDATION OF THE COMPANIES FOR THE 2020
FINANCIAL YEAR
WILL HAVE A POSITIVE EFFECT ON THE GROUP'S EARNINGS POSITION

Source text for Eikon:  ID:nEQ8rGlwRa 
Further company coverage:  HXCKk.DE 

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