Reuters logo
BRIEF-ProCredit Holding FY consolidated profit after tax flat at 61.0 mln euros
March 29, 2017 / 5:49 AM / 6 months ago

BRIEF-ProCredit Holding FY consolidated profit after tax flat at 61.0 mln euros

March 29 (Reuters) - Procredit Holding AG & Co KgaA :

* FY profit after tax for continuing business operations stood at 47.0 million euros ($50.77 million), up 22.6 pct from previous year (2015: 38.4 million euros)

* FY consolidated profit after tax of 61.0 million euros, at approximately same level as previous year (2015: 61.3 million euros)

* Positive outlook for continued growth in 2017

* In 2017 management of ProCredit Holding expects group’s gross loan portfolio to experience net growth of between 5 pct and 8 pct

* In medium term, group sees potential for annual net growth of gross loan portfolio of 10 pct as well as a return on average equity of around 10 pct Source text for Eikon: Further company coverage: ($1 = 0.9257 euros) (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below