- WKN: 697250
- ISIN: DE0006972508
- Land: Deutschland
Nachricht vom 24.09.2020 | 12:30
publity AG: publity AG increases EBIT in the first half of 2020 to EUR 74.9 million (previous year 26.9 million) and consolidated net income to EUR 34.7 million (21.0 million)
DGAP-News: publity AG
/ Key word(s): Half Year Results
Frankfurt, 24/09/2020 - publity AG (Scale, ISIN DE0006972508, "publity") has continued its dynamic growth course in the first half of 2020 and achieved a consolidated profit after taxes on an IFRS basis of EUR 34.7 million, compared to approx. EUR 21.0 million in the previous year. Earnings before interest and taxes (EBIT) almost tripled in the reporting period compared to the previous year and amounted to EUR 74.9 million (1st half of 2019: EUR 26.9 million). Since the end of 2019, publity's equity capital has also increased from EUR 302.5 million to EUR 406.4 million as of 30 June 2020; compared to the previous year, equity capital even tripled.
publity also continued its growth course in the first half of the year through numerous transactions in the segment of asset management. The aim is to continuously increase the assets under management: The company plans to increase the currently managed portfolio of just over EUR 5.5 billion to around EUR 10 billion by 2023.
Thomas Olek, CEO of publity AG: "Our half-year figures once again prove that publity is successfully active in a highly attractive market segment. Even during the COVID 19 crisis, our business model proved to be extremely resilient. We will continue this dynamic growth course."
The semi-annual financial statements for 2020 are published at www.publity.org in the "Investor Relations" section. The complete semi-annual report 2020 can be found there as of 28 September 2020.
|Opernturm, Bockenheimer Landstraße 2-4|
|60306 Frankfurt am Main|
|Listed:||Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||1136145|
|End of News||DGAP News Service|