Investeringsselskabet Luxor A/S reported full year earnings for the parent company and group earnings results for the fourth quarter and full year ended September 30, 2017. For the quarter on group basis, the company reported total income of DKK 15,174,000 against DKK 18,628,000 a year ago. Profit before tax was DKK 4,926,000 against DKK 9,743,000 a year ago. Net profit for the period was DKK 3,405,000 against DKK 7,016,000 a year ago. Diluted EPS for A & B shares was DKK 3.4 against DKK 7.0 a year ago. Return on equity was 3.89% against 7.95% a year ago.

For the full year on group basis, the company reported total income of DKK 63,656,000 against DKK 75,745,000 a year ago. Profit before tax was DKK 27,395,000 against DKK 29,071,000 a year ago. Net profit for the period was DKK 20,899,000 against DKK 22,059,000 a year ago. Diluted EPS for A & B shares was DKK 20.9 against DKK 22.1 a year ago. Cash flows from operating activities were DKK 35,897,000 against DKK 32,904,000 a year ago. Return on equity was 5.90% against 6.21% a year ago.

For the full year on parent basis the company reported, total income of DKK 61,818,000 against DKK 73,876,000 a year ago. Profit before tax was DKK 26,751,000 against DKK 28,395,000 a year ago. Net profit for the period was DKK 20,899,000 against DKK 22,054,000 a year ago. Diluted EPS for A & B shares was DKK 20.9 against DKK 22.1 a year ago. Cash flows from operating activities were DKK 35,417,000 against DKK 30,799,000 a year ago.

The company provided earnings guidance for the fiscal year 2018. For the year, basic earnings in line with the financial year 2017 are expected. Fair value adjustments and realized losses and gains on bonds, foreign currencies and interest swaps not included in basic earnings and would at December 8, 2017 affect results for the year before tax negative by DKK 2.1 million.