DF Deutsche Forfait AG generates consolidated profit in the first quarter

DF Deutsche Forfait AG  / Key word(s): Quarter Results

14.05.2012 07:38

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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DF Deutsche Forfait AG generates consolidated profit in the first quarter 

- Forfaiting volume reaches EUR 190 million 
- Consolidated result rises by 15 % to EUR 0.7 million 
- Positive outlook for full year 2012

Cologne, 14 May 2012 − DF Deutsche Forfait AG generated consolidated profit
of EUR 0.7 million in the first quarter, according to preliminary figures -
a 15 % rise year-on-year. This is the best quarterly result since the first
quarter of 2010. The continuing positive general conditions in the
forfaiting market as well as a stabilizing cost side were the main reasons
for this positive business performance.

At EUR 3.3 million, the gross result including financial results, the key
performance figure for success in the forfaiting business, was slightly up
on the prior year figure of EUR 3.2 million. Although the forfaiting volume
of EUR 190 million fell just slightly short of the EUR 195 million
generated
in the first quarter of 2011, it was considerably up on the average
quarterly volume in the past year of approximately EUR 165 million. The
forfaiting margin came to 1.8 %, on par with the high figure in 2011.

The Group continues to expect clearly positive consolidated profit in full
year 2012.

As previously announced, the complete Interim Report Q1 2012 will be
available online on 30 May 2012.

DF Deutsche Forfait AG
Christoph Charpentier
Kattenbug 18 - 24 
50667 Cologne, Germany
Phone: +49 221 97376-37 
Fax: +49 221 97376-60 
E-mail: investor.relations@dfag.de
http://www.dfag.de


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Information and Explaination of the Issuer to this News:

Ad hoc report pursuant to Section 15 WpHG

DF Deutsche Forfait AG generates consolidated profit in the first quarter 

  - Forfaiting volume reaches EUR 190 million 

  - Consolidated result rises by 15 % to EUR 0.7 million 

  - Positive outlook for full year 2012

Cologne, 14 May 2012 − DF Deutsche Forfait AG generated consolidated profit
of EUR 0.7 million in the first quarter, according to preliminary figures -
a 15 % rise year-on-year. This is the best quarterly result since the first
quarter of 2010. The continuing positive general conditions in the
forfaiting market as well as a stabilizing cost side were the main reasons
for this positive business performance.

At EUR 3.3 million, the gross result including financial results, the key
performance figure for success in the forfaiting business, was slightly up
on the prior year figure of EUR 3.2 million. Although the forfaiting volume
of EUR 190 million fell just slightly short of the EUR 195 million
generated in the first quarter of 2011, it was considerably up on the
average quarterly volume in the past year of approximately EUR 165 million.
The forfaiting margin came to 1.8 %, on par with the high figure in 2011.

The Group continues to expect clearly positive consolidated profit in full
year 2012.

As previously announced, the complete Interim Report Q1 2012 will be
available online on 30 May 2012.

DF Deutsche Forfait AG
Christoph Charpentier
Kattenbug 18 - 24 
50667 Cologne, Germany
Phone: +49 221 97376-37 
Fax: +49 221 97376-60 
E-mail: investor.relations@dfag.de
http://www.dfag.de

14.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      DF Deutsche Forfait AG
              Kattenbug 18-24
              50667 Köln
              Germany
Phone:        +49 (0)221 - 973 76 0
Fax:          +49 (0)221 - 973 76 76
E-mail:       dfag@dfag.de
Internet:     www.dfag.de
ISIN:         DE0005488795
WKN:          548879
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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