VERIANOS Real Estate Aktiengesellschaft: VERIANOS SETS THE COURSE FOR FURTHER, SUSTAINABLE CORPORATE GROWTH AND A CORRIDOR FOR THE FINANCIAL YEAR 2018
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VERIANOS Real Estate Aktiengesellschaft / Key word(s): Forecast/Annual Results 25-Oct-2018 / 16:09 CET/CEST Frankfurt am Main, 25.10.2018. With the establishment of the new foreign locations Madrid, Milan and Valencia, the completed BaFin approval as so-called „large KVG“ acc. German investment law (KAGB) and the approval of a debt fund by the Luxembourg Financial Supervision CSSF are the prerequisites for further successful corporate development.
The concrete earnings forecast for the 2018 financial year was approved at today’s Supervisory Board meeting. The special strategic expenditures in the current financial year for the aforementioned development amount to approx. EUR 0.6m. Excluding these expenses, the result for the year 2018 is within an „adjusted“ target corridor of EUR 1.8m to EUR 2.2m. Including the special expenses, the target corridor for the result amounts to EUR 1.2m to EUR 1.6m. ——————————————————— IR contact: Company contact: 25-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | VERIANOS Real Estate Aktiengesellschaft |
| Gürzenichstraße 21 | |
| 50667 Cologne | |
| Germany | |
| Phone: | +49 221 20046100 |
| Fax: | +49 221 20046140 |
| E-mail: | ir@verianos.com |
| Internet: | www.verianos.com |
| ISIN: | DE000A0Z2Y48 |
| WKN: | A0Z2Y4 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart |
| End of Announcement | DGAP News Service |