DGAP-Ad-hoc: comdirect bank AG / Key word(s): Change in Forecast
Ad-hoc release according to Art 17 MAR
Quickborn, 8 October 2019. comdirect bank AG* anticipates a pre-tax profit of approximately EUR175m based on preliminary numbers for the first nine months of 2019. Therefore, the expected group pre-tax profit for the full year improves to more than EUR185m (previous expectation: more than EUR170m before tax).
The reason for the adjustment of the expectation is the strong preliminary pre-tax profit from continuing activities of approximately EUR30m in the third quarter of 2019. As a result of increased total income and decreased administrative expenses, the operating profit was significantly higher than in previous quarters. In addition, a higher result from discontinued activities was achieved.
* Admitted to the Regulated Market on the Frankfurt stock exchange
08-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||comdirect bank AG|
|Phone:||+ 49 (0) 4106/704-0|
|Fax:||+ 49 (0) 4106/708-2580|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||886943|
|End of Announcement||DGAP News Service|
886943 08-Oct-2019 CET/CEST