publity anticipates earnings for 2017 to be lower than previous year

Publication of insider information according to Article 17 MAR

publity anticipates earnings for 2017 to be lower than previous year

Leipzig, 26 January 2018 – While preparing the annual financial statements for 2017, the Managing Board of publity AG (ISIN DE0006972508) has come to believe that in 2017 the company has not reached the previous year’s earnings of EUR 23.1 million. However, according to current information, earnings for the year will be significantly positive. This is due to property sales that were not realised at the end of 2017 in the amount of EUR 280 million which have been shifted to 2018. Assets under management increased substantially through to the end of 2017, however it was not possible to attain the target of EUR 5.2 billion. The portfolio property holdings will also be increased after 31 December using the existing liquidity. Provisional figures for the 2017 financial year are scheduled to be published on 20 February.

The Managing Board

Press contact:
Financial press and investor relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Telephone: +49 69 905505-52
E-mail: publity@edicto.de

publity anticipates earnings for 2017 to be lower than previous year