UK markets closed
  • NIKKEI 225

    29,098.24
    -7.77 (-0.03%)
     
  • HANG SENG

    25,628.74
    -409.53 (-1.57%)
     
  • CRUDE OIL

    82.08
    -2.57 (-3.04%)
     
  • GOLD FUTURES

    1,799.00
    +5.60 (+0.31%)
     
  • DOW

    35,490.69
    -266.19 (-0.74%)
     
  • BTC-GBP

    42,934.62
    -2,565.94 (-5.64%)
     
  • CMC Crypto 200

    1,412.46
    -61.87 (-4.20%)
     
  • ^IXIC

    15,235.84
    +0.12 (+0.00%)
     
  • ^FTAS

    4,138.68
    -11.13 (-0.27%)
     

DF Deutsche Forfait AG publishes half-year figures 2021

  • Oops!
    Something went wrong.
    Please try again later.
·3-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

DGAP-News: DF Deutsche Forfait AG / Key word(s): Half Year Report/Half Year Results
29.09.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Half-year financial statements
DF Deutsche Forfait AG publishes half-year figures 2021

Grünwald, 29 September 2021 - DF Deutsche Forfait AG (ISIN: DE000A2AA204) today published its financial figures for the first half of 2021. On an operating level, DF Group realized a largely stable business volume of EUR 86.2 million in the reporting period (H1 2020: EUR 88.1 million). As a result, the Group realized transaction-related income of EUR 4.3 million (previous year: EUR 4.2 million), which mainly included marketing income of EUR 3,503 thousand (previous year: EUR 3,270 thousand), income from services in connection with the processing of payments of EUR 544 thousand (previous year: EUR 371 thousand), and income from the factoring business of EUR 83 thousand (previous year: EUR 0 thousand).

At EUR 1.6 million, consolidated net income in the first half of 2021 was higher than in the same period of the previous year (EUR 1.2 million). The main reason for the improvement in earnings in the first half of 2021 was a slight increase in gross result with a simultaneous decline in administrative expenses.

Dr. Behrooz Abdolvand, CEO of DF Deutsche Forfait AG: "The successful realignment of the last three years has also paid off in the first half of 2021. Although the travel restrictions in connection with the ongoing Corona pandemic have delayed the development of new markets and the launch of additional products, overall our Group has come through the pandemic well. Our strong market knowledge, the high degree of flexibility as well as our longstanding expertise in trade finance, combined with a proven compliance system, provide us with good opportunities to grow business volumes going forward. "

Provided that the economic and political environment remains stable in the coming months and the tensions between the U.S.A. and Iran do not increase, DF Group expects a slight year-on-year increase in business volume, a moderate growth in gross result and a slightly higher consolidated net income before taxes in the current financial year.

The interim consolidated financial statements for the first half of 2021 of DF Deutsche Forfait AG are available on the company's website at https://www.dfag.de/en/investor-relations/publications/ (German only).

About DF Group

DF Group is a global specialist in foreign trade financing with a focus on the Middle East and Eastern Europe. DF Deutsche Forfait focuses on food, pharmaceutical, healthcare, industrial companies, energy and infrastructure sectors. With its extensive financial experience, its distinctive network and its comprehensive compliance expertise, DF Group offers exporters, importers, industrial companies, banks and financial service providers the right financing solution.

 

Contact:
DF Deutsche Forfait AG
Nördliche Münchner Straße 9c
82031 Grünwald
T +49 89 21551900-0
F +49 89 21551900-9
E investor.relations@dfag.de
http://www.dfag.de


Investor Relations / Press:
Stefanie Eberding
T +49 221 9737661
E investor.relations@dfag.de


29.09.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

DF Deutsche Forfait AG

Nördliche Münchner Straße 9c

82031 Grünwald

Germany

Phone:

+49 89 21551900-0

Fax:

+49 89 21551900-9

E-mail:

dfag@dfag.de

Internet:

www.dfag.de

ISIN:

DE000A2AA204, DE000A1R1CC4,

WKN:

A2AA20, A1R1CC

Listed:

Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1236568


 

End of News

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting