publity AG (Scale, ISIN DE0006972508) underlines its earnings forecast for 2017 as part of the preparation of the annual financial statements in accordance with HGB accounting.
As reported (see ad hoc of 26.1.2018), a clearly positive result on earnings after tax is expected. On the basis of the current status of its annual financial statements, publity is expecting earnings after tax to be more than EUR 10 million. The year-on-year decline resulting from the sale of properties (around EUR 280 million) that was put back to 2018.
Positioning and outlook for asset management are still considered to be good. Overall, assets under management totaled more than EUR 4.6 billion at the end of 2017. Property sales had little impact on the level of assets under management, with asset management at publity AG basically remaining unchanged. More detailed preliminary figures for the 2017 financial year are expected to be published February 20th.
Publity AG published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 13:44:08 UTC.
Original documenthttp://www.publity.de/en/investor/2016-05-25-13-59-26/press-releases/item/1093-publity-results-for-2017-expected-to-be-at-least-10-million-euros
Public permalinkhttp://www.publicnow.com/view/086B5F3510F80FB37F54DEE679CFF74550B2FB3C
