Deutsche Beteiligungs AG (DBAN); Q2 FY18/19 consolidated net income will “considerably exceed” last year’s figure

Published on 09-04-2019 09:41:00
Author Sparks Team

Today Deutsche Beteiligungs (DBAG) revealed that its Q2 FY18/19 consolidated net income will considerably increase year-on-year, driven by a better capital market development than in Q2 FY17/18.

In Q2 FY17/18, DBAG consolidated net income stood at €7.9m. According to the company, changes in the valuation of DBAG portfolio companies usually have a significant impact on its consolidated net income. In Q2 FY17/18, the changes reached €7.8m, whereas now DBAG expects that they will be four to six times bigger.

 

DBAG highlights that the increase in net income come from both changes in market multiples and positive business performance of its portfolio companies.

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