DF Deutsche Forfait AG Announces Consolidated Earnings Results for the Nine Months ended 30 September 2017; Provides Earnings Guidance for the Year 2017
November 28, 2017 at 06:04 am EST
DF Deutsche Forfait AG announced consolidated earnings results for the nine months ended 30 September 2017. At the bottom line, the Group posted a consolidated net loss of EUR 1.9 million for the reporting period, compared to a consolidated net profit of EUR 33.3 million in the prior year period, which was primarily the result of the creditors' debt waiver in the context of the insolvency proceedings, however.
In view of the business trend to date, the company projects a consolidated net loss for the full year 2017.