Brief: German Startups Group Berlin cuts 2016 outlook

German Tech Holding GmbH & Co. KGaA

09/01/2017 07:24

Jan 9 (Reuters) - German Startups Group Berlin GmbH & Co 
KGaA  GSJGn.DE : 
    * Said on Sunday now expects an operating loss after tax of 
approximately 0.01 euros per share (IFRS) for the 2016 financial 
year 
    * Change is attributable to the depreciation of two 
participations because the management of the German Startups 
Group considers it largely probable that a company assessment 
that is equivalent to the value of its shares would not be 
achieved in both companies in a possible future financing round 
    * Now only expects a loss after tax of approximately 0.10 
euros per share (IFRS) 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ4TDFZB 
     
 Further company coverage:  GSJGn.DE   
    
 
 
 
($1 = 0.9491 euros) 
 
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