TFG Capital AG Unternehmensbeteiligungsgesellschaft / Preliminary Results
28.02.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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TFG Capital publishes provisional figures for the financial year 2007
- Operating income: 10.8 million EUR
- Operating result before depreciation (EBITDA): 8.8 million EUR
- Operating result (EBIT): 6.0 million EUR
Marl, 28 February 2008 TFG Capital AG
Unternehmensbeteiligungsgesellschaft (ISIN: DE0007449506) achieved, on the
basis of the provisional figures, an operating income of around 10.8
million EUR in the financial year 2007, an increase of 53% over the
previous year. The operating result (EBIT) of the company increased by 42%
to 6.0 million EUR. Before depreciation (EBITDA), the result was 8.8
million EUR compared with 5.1 million EUR in the same period of the
previous year.
Essential factors behind the positive development of results were the sales
of investments in the financial year 2007, including large share packages
in Augusta Technologie AG and Kisters AG. Overall, an amount of around 8.8
million EUR was accounted for by income from the sale of investments and
securities classified as fixed assets. This equates to 81% of the total
operating income. Additional important sources of income were income from
typical and atypical dormant investments as well as interest and dividends.
Personnel expenditure rose from 0.79 million EUR to 0.91 million EUR due to
the higher provisions for performance-related management bonuses on the
basis of the good result. At 1.1 million EUR, other operating expenditure
was slightly below the level of the previous year (around 1.2 million EUR).
Depreciation on financial assets and securities totalled around 2.7 million
EUR compared with 0.9 million EUR in the financial year 2006. The higher
value adjustments are mainly due to price falls of some securities within
the portfolio in the second half of 2007.
Overall, both the pre-market investments as well as the listed investments
contributed to the positive development of the company results.
The publication of the annual financial statements for the financial year
2007 is scheduled for the end of March 2008 on the company website
www.tfg.de.
Further information is available from:
TFG Capital AG
Phone: ++49 (0) 2365-97800
E-mail: investorrelations@tfg.de
IR.on AG
Fabian Kirchmann
Phone: ++49 (0) 221-9140970
E-mail: info@ir-on.com
DGAP 28.02.2008
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Language: English
Issuer: TFG Capital AG Unternehmensbeteiligungsgesellschaft
Mainstraße 16
45768 Marl
Deutschland
Phone: +49 (0)2365 97 80 - 0
Fax: +49 (0)2365 97 80 - 33
E-mail: investorrelations@tfg.de
Internet: www.tfg.de
ISIN: DE0007449506
WKN: 744950
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: TFG Capital publishes provisional figures for the financial year 2007
| Source: EQS Group AG