Capsensixx AG: net income increased by 43.7 percent in the second quarter of 2018.
August 22, 2018 at 05:35 pm IST
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DGAP-Ad-hoc: capsensixx AG / Key word(s): Quarter Results/Half Year Results
capsensixx AG: net income increased by 43.7 percent in the second quarter of 2018.
22-Aug-2018 / 14:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Against the market trend: capsensixx AG net income increased by 43.7 percent in the second quarter of 2018.
Frankfurt, 22. August 2018 - capsensixx AG (ISIN DE000A2G9M17) a leading provider of Financial Administration as a Service, grew significantly faster than expected in the second quarter of 2018 according to preliminary IFRS figures. Earnings after taxes and minority interests amounted to EUR 0.7 million between April and June 2018, following EUR 0.5 million in the second quarter of 2017. This represents an increase of 43.7 percent compared to the same quarter of the previous year. The revenues increased 35.6 percent to 27.3 million EUR versus 20.1 million EUR in the second quarter of 2017. Earnings after taxes and minority interests improved by 36.5 percent to EUR 1.3 million in the first half of 2018 after EUR 1.0 million in the first half of 2017. Revenues increased by 48.8 percent in the first half of 2018 to 52.8 million EUR versus 35.5 million EUR in the same period last year. Since the beginning of the year, business development has exceeded market expectations.
The half-year financial report for 2018 will be published as planned on August 31, 2018 and will then be available at the company's website www.capsensixx.de within the Investor Relations section.
Contact:
Media Relations
edicto GmbH
Axel Mühlhaus/ Dr. Sönke Knop
Tel. +49(0) 69/905505-51
E-Mail: capsensixx@edicto.de
22-Aug-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
capsensixx AG
Bettinastraße 57-59
60325 Frankfurt
Germany
Phone:
+496976805850
Fax:
+4969768058520
E-mail:
ulbrich@capsensixx.de
Internet:
www.capsensixx.de
ISIN:
DE000A2G9M17
WKN:
A2G9M1
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
Capsensixx AG is a Germany-based holding company engaged in the financial sector. Through its subsidiaries, the Company offers fund management, administration and accounting, which comprise the segment Fund Admin and the activities of Axxion SA, as well as capital markets and corporate services, which comprise the Securitization segment and the activities of Oaklet GmbH. Axxion provides services for private label funds under Luxembourg and German law throughout their entire life cycle, from issuance and listing, through day-to-day administration until final redemption or liquidation. It offers advice and execution in fund creation, as well as portfolio management and sales support, among others. Oaklet provides integrated advice to banks, insurance companies and asset managers on how to execute securitization. In addition, the Company invests in start-up companies in the area of digitization and information technology (IT) services.