28.03.2018 Coreo AG  DE000A0B9VV6

DGAP-News: Coreo AG publishes provisional figures for the 2017 financial year, anticipating a positive operational result:


 
DGAP-News: Coreo AG / Key word(s): Final Results
Coreo AG publishes provisional figures for the 2017 financial year,
anticipating a positive operational result:

28.03.2018 / 09:00
The issuer is solely responsible for the content of this announcement.

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Coreo publishes provisional figures for the 2017 financial year,
anticipating a positive operational result

Frankfurt am Main, Germany - 28 March 2018 - After evaluating its
provisional figures for the 2017 financial year, Coreo AG (WKN: A0B9VV,
ISIN: DE000A0B9VV6, Ticker: NNS) is expecting a positive annual result.

According to the International Financial Reporting Standards (IFRS), Coreo
anticipates a (provisional) post-tax result of EUR 3.0 million for the 2017
financial year (previous year: EUR -7.3 million). According to the German
Commercial Code (HGB), the (provisional) annual net income is EUR 3.0
million (previous year: EUR -7.3 million). This positive result was mainly
achieved through write-backs on the MagForce investment as a result of
changes in its share price and through the sale of shares from corporate
investments. The result is therefore in line with management's expectations.

The (provisional) net asset value (NAV) per share of Coreo AG as at
31/12/2017 is EUR 2.07/share. The company's (provisional) equity capital is
EUR 19.3 million (previous year: EUR 15.3 million) according to the IFRS,
and is EUR 18.3 million (previous year: EUR 15.3 million) according to the
HGB.

Coreo AG's individual financial statement for 2017 includes the investment
values of the subsidiaries, and the values of properties are shown in the
financial statements of the subsidiaries.

In order to further increase the volume and quality of the portfolio, Coreo
issued a corporate bond in early 2018. Coreo is now well equipped with
capital and has a promising pipeline of real estate projects for 2018
financial year.

The full annual report will be available to download at www.coreo.de very
soon.

About Coreo AG:
Frankfurt am Main based Coreo AG, is a real estate company focusing on
commercial and residential properties in Germany. It aims to develop and
manage a value-driven real estate portfolio. Active asset management of the
properties and their redevelopment shall create high rental income and
attractive sales proceeds, so that Coreo establishes itself as a profitable
and successful real estate company in the long term.


Contact:
Coreo AG
Andrea Börner
Investor Relations
Grüneburgweg 18
D-60322 Frankfurt a. M.
[email protected]
T: +49 69 219396-0


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28.03.2018 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

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   Language:    English
   Company:     Coreo AG
                Grüneburgweg 18
                60322 Frankfurt am Main
                Germany
   Phone:       +49 69 2193 96-0
   Fax:         +49 69 2193 96-150
   E-mail:      [email protected]
   Internet:    www.coreo.de
   ISIN:        DE000A0B9VV6
   WKN:         A0B9VV
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf,
                Frankfurt (Basic Board), Munich, Stuttgart, Tradegate
                Exchange



   End of News    DGAP News Service
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669287 28.03.2018



INVESTOR-INFORMATIONEN
©boersengefluester.de
Coreo
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0B9VV 1,940 Kaufen 18,16
KGV 2019e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,92 16,80 0,886 -4,17
KBV KCV KUV EV/EBITDA
0,94 - 302,64 4,602
Dividende '17 in € Dividende '18e in € Div.-Rendite '17
in %
Hauptversammlung
0,00 0,00 0,00 19.06.2018
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.09.2018 17.04.2018
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,67% 0,15% 0,31% -7,44%
       

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