DF Deutsche Forfait AG

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

Nachricht vom 23.09.2020 | 15:42

DF Deutsche Forfait AG publishes half-year results 2020

DGAP-News: DF Deutsche Forfait AG / Key word(s): Half Year Results/Quarterly / Interim Statement
23.09.2020 / 15:42
The issuer is solely responsible for the content of this announcement.

Press Release
Financial figures

DF Deutsche Forfait AG publishes half-year results 2020

  • DF AG achieves expected business volume and consolidated result in the first half of 2020
  • Outlook for the full-year remains positive due to intact demand in the core businesses food & medicine
  • Diversification and geographical expansion is on the right track

Grünwald, 23 September 2020 - DF Deutsche Forfait AG (ISIN DE000A2AA204) significantly improved its financial figures in the first half of 2020 compared to the same period of the previous year. The business volume increased by 95% to a total of EUR 88.1 million. The consolidated result of EUR 1.2 million (previous year: EUR -0.1 million) was also very pleasing. The gross result including the financial result also improved by almost 30% to a total of EUR 4.0 million.

Despite the difficult environment created by the emerging Corona pandemic, which has led to a decline in trading operations in emerging markets, demand in the DF Group's core businesses in the food, medicine and medical products sectors, remained stable in the first half of 2020.

For the full year 2020, the Management Board expects a weaker but nevertheless positive gross and consolidated result compared to the previous year. "While the impact of the Corona pandemic has somewhat held up the planned expansion of our geographic focus in recent months, we have used the time to expand our network as well as our product portfolio to include the project finance business. We are therefore looking forward to 2021," says CEO Dr. Behrooz Abdolvand.

Administrative expenses decreased by 17% to EUR 2.4 million in the first half of 2020. Earnings per share amounted to EUR 0.10 compared to EUR -0.01 in the first half of the previous year. Compared to the end of 2019, total assets increased from EUR 27.6 million to EUR 28.4 million. DF's equity increased by EUR 1.2 million to EUR 9.7 million compared to year-end 2019. The equity ratio was 34.3% as of the reporting date.

The interim consolidated financial statements for the first half of 2020 of DF Deutsche Forfait AG is available in German on the company's website 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:
Stefanie Eberding
T +49 221 9737661
E investor.relations@dfag.de



23.09.2020 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

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Kaufen: Aspermont Limited hat Turnaround abgeschlossen

Aspermont Limited ist der weltweit führende Anbieter von Business-to-Business-Medien (B2B) für den Rohstoffsektor. Mit einem neuen Management hat das Unternehmen seit 2016 den erfolgreichen Turnaround von einem traditionellen Medienunternehmen zu einem digitalen B2B-XaaS-Geschäftsmodell umgesetzt. Das Unternehmen hat diesen Turnaround im GJ 2020 abgeschlossen, als es sein erstes positives EBITDA-Ergebnis verzeichnete. Auf der Grundlage unseres DCF-Modells haben wir ein Kursziel von 0,09 AUD (0,06 Euro) pro Aktie ermittelt und vergeben das Rating KAUFEN.

News im Fokus

Vonovia SE: Deutschlands führendes Wohnungsunternehmen baut erneuerbare Energie weiter aus: Vonovia bestückt 30.000 Dächer mit Photovoltaik-Anlagen

21. September 2021, 09:58

Aktueller Webcast

Stealth BioTherapeutics

Cantor Global Healthcare Conference Fireside Chat

30. September 2021

Aktuelle Research-Studie

MPH Health Care AG

Original-Research: MPH Health Care AG (von First Berlin Equity Research GmbH): Buy

20. September 2021