DGAP-News: publity AG / Key word(s): Preliminary Results/Final Results
publity results for 2017 expected to be at least 10 million euros

31.01.2018 / 14:41
The issuer is solely responsible for the content of this announcement.


Leipzig, 31 January 2018 - 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.


Press Contact:
Finanzpresse und Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Telefon: +49 69 905505-52
E-Mail: publity@edicto.de


About publity
publity AG is an asset manager specialised in German office real estate. The company covers a broad value chain from acquisition to development through to the sale of real estate and has a track record of several hundred successful transactions. publity is characterised by a strong network in the real estate sector as well as by the work out departments of financial institutions, has very good access to investment resources and conducts transactions quickly with a highly efficient process with proven partners. As a co-investor, publity is, to a limited extent, involved in joint venture transactions. The shares of publity AG (ISIN DE0006972508) are traded on the exchange segment Scale of the German stock exchange.



31.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: publity AG
Landsteinerstr. 6
04103 Leipzig
Germany
Phone: 0341 26178710
Fax: 0341 2617832
E-mail: info@publity.de
Internet: www.publity.de
ISIN: DE0006972508
WKN: 697250
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

650067  31.01.2018 

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