Accentro Real Estate AG: ACCENTRO Real Estate AG looks into additional financing options for accelerated growth following significant revenue and earnings growth in the first half of 2018
Publication of insider information pursuant to Article 17 of Regulation (EU) No 596/2014
ACCENTRO Real Estate AG looks into additional financing options for accelerated growth following significant revenue and earnings growth in the first half of 2018
Berlin, 09. August 2018 - Revenues of ACCENTRO Real Estate AG, (WKN: A0KFKB, ISIN: DE000A0KFKB3), Berlin, increased significantly by 129.4 % to EUR 97.9 million (previous year: EUR 42.7 million) in the first half of 2018. EBIT increased by 28.1 % to EUR 14.3 million (previous year: EUR 11.2 million). The company also further strengthened its privatisation portfolio over the course of the first half year through purchases in central areas of Berlin. It is currently planning to drive growth in other metropolitan regions of Germany, too.
In order to accelerate growth, ACCENTRO is looking into further financing opportunities via the capital market. In this regard the company has commissioned Baader Bank AG and Quirin Privatbank AG to conduct a management roadshow. Depending on the market environment, potential equity measures may be implemented at short notice. These would result in an increase of the free float.
Contact Investor Relations Nicole Birth ACCENTRO Real Estate AG Uhlandstr. 165 10719 Berlin E-Mail: email@example.com Tel. + 49 (0) 30 - 887 181 10 Fax + 49 (0) 30 - 887 181 11
Contact Press Jan Hutterer Kirchhoff Consult AG Borselstraße 20 22765 Hamburg E-Mail: firstname.lastname@example.org Tel. + 49 (0) 40 - 609 186 65 Fax + 49 (0) 40 - 609 186 60
09-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Accentro Real Estate AG Uhlandstr. 165 10719 Berlin
Germany Phone: +49 (0)30 - 887 181 - 0 Fax: +49 (0)30 - 887 181 - 11 E-mail: email@example.com Internet: www.accentro.ag ISIN: DE000A0KFKB3 WKN: A0KFKB Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
712453 09-Aug-2018 CET/CEST