Brief: Lloyd Fonds confirms FY forecast, plans to double assets under management

Laiqon AG

20/07/2016 05:54

July 20 (Reuters) - Lloyd Fonds AG  L1OGk.DE : 
    * Confirms full-year forecast and plans to double the assets 
under management 
    * Increase of more than 100 percent in consolidated net 
profit to 1.8 million euros expected in the first half of 2016 
    * Assets under management to double in the medium term to 3 
billion euros thanks to strong pipeline of new projects 
    * Current forecast is for profit of 2-3 million euros; in 
view of the strong result in the first half of the year, Lloyd 
Fonds assumes that full-year consolidated net profit will come 
in at the top end of this range 
    * Expects to be able to report a sharp increase in 
consolidated net profit for financial year 2016 
 
Source text for Eikon:  ID:nEQ7Y7cHY  
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