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ADLER REAL ESTATE AG: Nine month result 2006 clearly positiv
Hamburg, November 17, 2006
- scheduled performance of the first nine months of the current fiscal 2006
- optimistic outlook for 2006
ADLER Real Estate AG (ISIN: DE DE0005008007) has developed positively in the first nine months of the business year 2006 in line with the plans and forecasts of it's executive board. The operating results of the corporation amounted to EUR 3,445,000 as of September 30, 2006 as compared to EUR 2,757,000 of the same period last year. The EBIT has been increased from about EUR 886,000 (previous year) to EUR 1,678,000 by 89.4 percent during the reporting period. As of September 30, 2006, the consolidated profits of the company amounted to EUR 2,064,000 as compared to EUR 933,000 as of September 30, 2005. This represents a growth of 121.3 percent. Resulting from the aforementioned growth, the profits per share recorded at EUR 0.14 based on 15,000,000 shares as compared to EUR 0.06 during the comparative period. According to these facts, ADLER Real Estate AG has returned sustainably into the profit zone. At present, the executive board of Adler Real Estate AG reviews a number of business opportunities. Hence, within the next couple of weeks, some positive deal closings resulting from a series of negotiations which had been initiated recently can be assumed. For current fiscal 2006 a clearly seven-digit profit is expected.
The board
Hamburg, November 17, 2006
Company contact:
ADLER Real Estate AG
Neuer Wall 77
20354 Hamburg
www.adler-ag.de
Fon 040-29 81 30-0
Fax 040-29 81 30-99
info@adler-ag.de | Agency contact:
GFEI Gesellschaft für Effekteninformationen mbH
Tel.: +49 (0)69-743 037 03
Fax: +49 (0)69-743 037 06
ir-adler@gfei.de
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| NEWS |
share price
0,601 € (3.02.2012)
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