DF Deutsche Forfait AG

  • WKN: A2AA20
  • ISIN: DE000A2AA204
  • Land: Deutschland

Nachricht vom 30.04.2020 | 08:30

DF Deutsche Forfait AG publishes consolidated financial statements for 2019

DGAP-News: DF Deutsche Forfait AG / Key word(s): Annual Results
30.04.2020 / 08:30
The issuer is solely responsible for the content of this announcement.

DF Deutsche Forfait AG publishes consolidated financial statements for 2019

  • DF Group boosts its business volume to a total of EUR 187.2 million
  • Consolidated net income positive again for the first time at EUR 3.2 million
  • Business driven by food and pharmaceuticals

Grünwald, 30 April 2020 - DF Deutsche Forfait AG (ISIN share: DE000A2AA204, ISIN bond: DE000A1R1CC4) today published the consolidated financial statements for the financial year 2019. As previously announced, the company's earnings situation has improved significantly compared to the previous year and the upgraded forecast of November 2019 has been achieved in full.

Thanks to the successful business performance, consolidated net income rose to EUR 3.2 million (previous year: EUR -1.8 million), which is equivalent to earnings per share of EUR 0.27 (previous year: EUR -0.15).

"For the first time in many years, DF Group had a strong financial year. We have regained trust from our customers and partners," says CEO Dr. Behrooz Abdolvand.

The noticeable improvement in earnings was mainly driven by the increased business volume of EUR 187.2 million (previous year: EUR 75.2 million). The business volume was primarily generated by the marketing services launched in the food and pharmaceuticals sector in the financial year 2019, which contributed EUR 160.8 million to the business volume and generated commensurate income. Gross profit multiplied from EUR 0.6 million to EUR 11.1 million in the reporting period.

Total assets increased from EUR 12.9 million to EUR 27.6 million as of 31 December 2019. The increase in assets is mainly attributable to a shareholder loan in the amount of EUR 15.0 million. The equity ratio stood at a comfortable 31.1% as of the balance sheet date (previous year: 41.1%).

"Despite the coronavirus crisis, we expect a positive result also in the current financial year. It is the consistent implementation and enforcement of strict compliance standards which supports our business opportunities in the countries of the Near and Middle East," emphasizes Board member Hans-Joachim v. Wartenberg.

The 2019 Annual Report of DF Deutsche Forfait AG is available at https://www.dfag.de/en/publications/.
 

About DF Group

DF Group has specialized in foreign trade finance and related services for exporters, importers and other financial service providers, with a focus on emerging markets. Within this market segment, the main focus is on financing foreign trade with Near and Middle East countries with an emphasis on the food and pharmaceuticals sectors.

 

Contact:
DF Deutsche Forfait AG
Hirtenweg 14
82031 Grünwald
T +49 89 21551900-0
F +49 89 21551900-9
E investor.relations@dfag.de
http://www.dfag.de
 

Investor Relations / Press:
Frederic Hilke
IR.on AG
T +49 221 9140970
E investor.relations@dfag.de



30.04.2020 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

14.-15.10.2020 Fachkonferenzen Finanzdienstleistungen und Technologie

11.-12.11.2020 Fachkonferenzen Software/IT und Branchenmix

Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen könnten die Fachkonferenzen im Herbst/Winter ggf. auch virtuell stattfinden.

GBC-Fokusbox

Solutiance: Hohe Wachstumsdynamik durch den Ausbau des Plattformgeschäfts erwartet

Im ersten Halbjahr 2020 konnte Solutiance den eingeschlagenen Wachstumskurs fortsetzen und im Rahmen dessen die Gesamtleistung (Umsatz zzgl. Bestandsveränderungen) um rund 75 % auf 0,66 Mio. € (1. HJ 2019: 0,38 Mio. €) erhöhen. Das Unternehmen erwartet für das Gesamtjahr durch den weiteren Ausbau der softwarebasierten Dienstleistungen einen Umsatzsprung im Vergleich zum Vorjahr auf rund 3 Mio. €. Bei einem von uns ermittelten Kursziel von 4,85 € vergeben wir das Rating KAUFEN.

News im Fokus

Linde plc: Linde Appoints Sanjiv Lamba as Chief Operating Officer

26. Oktober 2020, 18:37

Aktueller Webcast

HelloFresh SE

Q3 2020 Results Webcast

03. November 2020

Aktuelle Research-Studie

Original-Research: Valneva SE (von First Berlin Equity Research GmbH): Kaufen Valneva SE

26. Oktober 2020