Leipzig, 26 January 2018 - While preparing the annual financial statements for 2017, the Managing Board of publity AG (ISIN DE0006972508) has come to believe that in 2017 the company has not reached the previous year's earnings of EUR 23.1 million. However, according to current information, earnings for the year will be significantly positive. This is due to property sales that were not realised at the end of 2017 in the amount of EUR 280 million which have been shifted to 2018. Assets under management increased substantially through to the end of 2017, however it was not possible to attain the target of EUR 5.2 billion. The portfolio property holdings will also be increased after 31 December using the existing liquidity. Provisional figures for the 2017 financial year are scheduled to be published on 20 February.
The Managing Board
Sprache: Deutsch Unternehmen: publity AG Landsteinerstr. 6 04103 Leipzig Deutschland Telefon: 0341 26178710 Fax: 0341 2617832 E-Mail: info@publity.deInternet: www.publity.de ISIN: DE0006972508 WKN: 697250
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Publity AG published this content on 26 January 2018 and is solely responsible for the information contained herein.
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Original documenthttp://www.publity.de/en/investor/2016-05-25-13-59-26/press-releases/item/1091-publity-anticipates-earnings-for-2017-to-be-lower-than-previous-year
Public permalinkhttp://www.publicnow.com/view/D4F8A72C907AABE4D43792DD6B608BD057B35DBB
