Brief: InCity Anticipates Significant Profit For 2020

InCity Immobilien AG

30/04/2020 16:37

April 30 (Reuters) - InCity Immobilien AG  IC8Gn.DE :
    * DGAP-NEWS: INCITY IMMOBILIEN AG: INCITY CLOSES 2019
SLIGHTLY
ABOVE FORECAST AND ANTICIPATES SIGNIFICANT PROFIT FOR FISCAL
YEAR 2020
    * NET INCOME BETWEEN EUR 1.8 M AND EUR 2.3 M EXPECTED AT
GROUP
LEVEL FOR 2020
    * FY NET LOSS AT GROUP LEVEL AMOUNTED TO EUR -1,882 K, BUT
WAS
SLIGHTLY ABOVE ORIGINAL FORECAST (BETWEEN EUR -2.1 M AND EUR
-2.4 M)
    * IMPACT OF COVID-19 VIRUS PANDEMIC ON ECONOMIC SITUATION
WAS NOT
YET PREDICTABLE OR QUANTIFIABLE
    * CURRENTLY PROJECTS A CONSOLIDATED NET PROFIT FOR YEAR
BETWEEN
EUR 1.8 M AND EUR 2.3 M FOR INCITY GROUP

Source text for Eikon:  ID:nEQcdQwmTa 
Further company coverage:  IC8Gn.DE 

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