Brief: SGT German Private Equity Says Expects Group To Generate A Net Profit Of Around 4.5 Million Eur Or Around 10 Cents Per Share In 2023

German Tech Holding GmbH & Co. KGaA

11/12/2023 22:50

Dec 11 (Reuters) - Sgt German Private Equity Gmbh & Co
Kgaa  SGFn.DE :
    * EQS-NEWS: SGT GERMAN PRIVATE EQUITY UPDATES GUIDANCE FOR
2023
    * SMALL PORTION OF REVENUE EXPECTED FOR 2023 SLIPS INTO 2024
    * PUBLIC SHARE BUYBACK OFFER INTENDED FOR 4TH QUARTER 2023
ALSO
POSTPONED TO 2024
    * PROFIT EXPECTATIONS FOR 2024 INCREASE MORE THAN THOSE FOR
2023
DECREASE DUE TO POSTPONEMENT
    * EXPECTS GROUP TO GENERATE A NET PROFIT OF AROUND 4.5
MILLION EUR
OR AROUND 10 CENTS PER SHARE IN 2023
    * SGT GERMAN PRIVATE EQUITY GMBH & CO-ASSUMED REVENUE
SLIPPAGE OF
AROUND 4 MILLION EUR INTO 2024 IS SIGNIFICANTLY INCREASING
EARNINGS OUTLOOK FOR 2024

Source text for Eikon:  ID:nEQbfzrVFa 
Further company coverage:  SGFn.DE 

 ((Reuters.Briefs@thomsonreuters.com;))