Lloyd Fonds Aktiengesellschaft, DE000A12UP29

Lloyd Fonds Aktiengesellschaft, DE000A12UP29

21.02.2017 - 07:48:12

Preliminary figures for 2016: Lloyd Fonds AG with full-year consolidated net profit of EUR 3.2 million

Hamburg, February 21, 2017. According to provisional calculations, Lloyd Fonds AG generated consolidated net profit of EUR 3.2 million in 2016, thus achieving its own forecast. As the Hamburg-based investment and assetmanager stated, consolidated net profit doubled in size for the second consecutive time (2015: EUR 1.6 million; 2014: EUR 0.8 million). Mid year, the company had been expecting consolidated net profit of between EUR two and EUR three million and had once again raised this forecast due to the successful business activity in autumn and winter.

"We owe this very good result to our experienced management team who are able to make use of market opportunities," says Dr. Torsten Teichert, CEO of Lloyd Fonds AG. "The Management Board and Supervisory Board are discussing the use of the profit for the year against the backdrop of our encouraging business performance."

Earnings before taxes (EBT) are expected to come to EUR 3.2 million, equivalent to an increase of 72 percent over the previous year (2015: EUR 1.8 million). The combined total of sales and net finance income came to EUR 11.9 million and was therefore virtually unchanged over the previous year (EUR 12.6 million). This reflects the company's profitability despite almost unchanged employee numbers. Group liquidity rose to EUR 11.7 million as of December 31, 2016 (2015: EUR 10.2 million).

Lloyd Fonds AG's annual report will be published in April.

Contact: Susanne Maack Lloyd Fonds AG Amelungstraße 8-10 20354 Hamburg Tel: +49-40-325678-132 Fax: +49-40-325678-99 Mail: ir@lloydfonds.de

21.02.2017 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

Language: English

Company: Lloyd Fonds Aktiengesellschaft Amelungstr. 8-10 20354 Hamburg

Germany Phone: +49 (0)40 32 56 78-0 Fax: +49 (0)40 32 56 78-99 E-mail: info@lloydfonds.de Internet: www.lloydfonds.de ISIN: DE000A12UP29 WKN: A12UP2 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt   End of News DGAP News Service

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