Samstag, 25. Februar 2017


  • Pressemitteilung BoxID 157216

KWG Kommunale Wohnen AG: Provisional figures show KWG quadrupled profit in 2009

(lifePR) (Hamburg, ) .
- Group net income rose from 0.8 to 3.3 million euros
- Turnover up from 13.7 to 19.8 million euros
- Capital ratio at the end of 2009 a very comfortable 34.5 %
- Continuation of profitable growth expected for 2010

According to provisional figures, KWG Kommunale Wohnen AG, a company that owns a portfolio of German apartments with a long-term perspective, quadrupled its IFRS Group net income in the 2009 business year, from 0.8 million euros (2008) to 3.3 million euros. With this result KWG exceeded expectations, which were assuming net income in the region of 2.5 million euros. The company's turnover, which consists exclusively of rental income, showed a further increase in 2009, from 13.7 to 19.8 million euros. EBIT rose to 9.1 million euros (2008: 5.4 million euros).

Group equity rose to 64.7 million euros as at 31st December 2009, a substantial increase from the previous year's level of 56.1 million euros. This meant that the capital ratio went up to a very comfortable 34.5 %, as against 30.5% at the end of 2008.

Notwithstanding the still challenging market conditions, KWG expects to continue its profitable growth in 2010.

Diese Pressemitteilungen könnten Sie auch interessieren

White-Label-Banking und Full-Service-Lösungen gefragt

, Finanzen & Versicherungen, Süd-West-Kreditbank Finanzierung GmbH

Immer mehr Finanzdienstleister nutzen die Dienstleistungen der SWK Bank im White-Label-Banking und im Full-Service-Bereich. Ob Fintechs, Start-Ups...

Studie: Fintech-Payment-Anbieter 2017

, Finanzen & Versicherungen, DISQ Deutsches Institut für Service-Qualität GmbH & Co. KG

Schneller, einfacher, komfortabler – im digitalen Zeitalter sind neue Zahlungslösungen gefragt. Entwickelt werden diese von Fintech-Anbieten...

Fondsgebundene Rentenversicherung überzeugte im Scoring

, Finanzen & Versicherungen, uniVersa Versicherungen

Die ascore Das Scoring GmbH aus Hamburg hat die Angebote an fondsgebundenen Rentenversicherungen am Markt untersucht. Bis zu 36 Kriterien aus...

Disclaimer