Brief: Lang & Schwarz FY Consolidated Net Income Up At EUR 30.9 Million

Lang & Schwarz AG

17/02/2021 14:55

Feb 17 (Reuters) - LANG & SCHWARZ AG  LUSGn.DE :
    * EARNINGS FROM ORDINARY BUSINESS ACTIVITIES EUR 20,298
THOUSAND
IN THE FOURTH QUARTER OF 2020 (PREVIOUS YEAR'S QUARTER: EUR
2,109 THOUSAND)
    * SHARE SPLIT OF 1: 3 PLANNED
    * EARNINGS PER SHARE (BEFORE CHANGES TO THE FUND FOR GENERAL
BANKING RISKS) EUR 4.42 IN THE FOURTH QUARTER OF 2020 (PREVIOUS
YEAR'S QUARTER: EUR 0.38)
    * CONSOLIDATED NET INCOME FOR THE YEAR AMOUNTS TO EUR 30,906
THOUSAND AFTER EUR 710 THOUSAND IN THE PREVIOUS YEAR
    * WE WERE ALREADY ABLE TO EXCEED THE RESULTS OF TRADING
ACTIVITIES
FROM THE ENTIRE FOURTH QUARTER OF 2020 IN THE MIDDLE OF THIS
QUARTER
    * WE EXPECT TO BE ABLE TO INCREASE PREVIOUS RECORD RESULT
FROM
ORDINARY BUSINESS ACTIVITIES IN Q4 2020 AGAIN

Source text for Eikon:  ID:nEQ8lhrfFa 
Further company coverage:  LUSGn.DE 

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