DGAP-Adhoc: comdirect bank AG: Pre-tax profit expectation for 2019 raised to more than EUR185m after significant increase in group pre-tax profit for the third quarter of 2019
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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. |
| Language: | English |
| Company: | comdirect bank AG |
| Pascalkehre 15 | |
| 25451 Quickborn | |
| Germany | |
| Phone: | + 49 (0) 4106/704-0 |
| Fax: | + 49 (0) 4106/708-2580 |
| E-mail: | [email protected] |
| Internet: | www.comdirect.de |
| ISIN: | DE0005428007 |
| WKN: | 542800 |
| 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 |
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886943 08-Oct-2019 CET/CEST
