Brief: ProCredit Holding FY consolidated profit after tax flat at 61.0 mln euros
29/03/2017 06:29
March 29 (Reuters) - Procredit Holding AG & Co KgaA
PCZ.DE :
* FY profit after tax for continuing business operations
stood at 47.0 million euros ($50.77 million), up 22.6 pct from
previous year (2015: 38.4 million euros)
* FY consolidated profit after tax of 61.0 million euros, at
approximately same level as previous year (2015: 61.3 million
euros)
* Positive outlook for continued growth in 2017
* In 2017 management of ProCredit Holding expects group's
gross loan portfolio to experience net growth of between 5 pct
and 8 pct
* In medium term, group sees potential for annual net growth
of gross loan portfolio of 10 pct as well as a return on average
equity of around 10 pct
Source text for Eikon: ID:nEQ9xDRVG
Further company coverage: PCZ.DE
($1 = 0.9257 euros)
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