Brief: Grenke Q3 Net Profit Down At EUR 20.1 Million

Grenke AG

10/11/2021 06:05

Nov 10 (Reuters) - GRENKE AG  GLJn.DE :
    * CONSOLIDATED GROUP NET PROFIT OF EUR 20.1 MILLION IN THE
THIRD
QUARTER OF 2021 AFTER EUR 32.3 MILLION IN THE FIRST HALF OF 2021
    * Q3 NET PROFIT FELL 24 PERCENT TO 20.1 MILLION EUR
    * CONSOLIDATED GROUP NET PROFIT OF EUR 20.1 MILLION IN Q3 OF
2021
AFTER EUR 32.3 MILLION IN FIRST HALF OF 2021
    * OUTLOOK 2021: INCREASE IN NET PROFIT GUIDANCE FROM
PREVIOUSLY
EUR 60 MILLION TO EUR 80 MILLION TO EUR 90 MILLION TO EUR 100
MILLION
    * Q3 NET PROFIT OF EUR 20.1 MILLION (-24.0% COMPARED TO Q3
2020^1:
EUR 26.5 MILLION)
    * TOTAL ASSETS AMOUNTED TO EUR 6.8 BILLION AS OF SEPTEMBER
30,
2021 REPORTING DATE (DECEMBER 31, 2020: EUR 7.3 BILLION)
    * OUTLOOK 2021: EXPECTS NEW BUSINESS VOLUME OF BETWEEN EUR
1.5
BILLION AND EUR 1.7 BILLION

Source text for Eikon:  ID:nEQbHlc9Xa 
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