DGAP-Adhoc: Aves One AG: Key financial figures for the business year 2016
DGAP-Ad-hoc: Aves One AG / Key word(s): Final Results
Aves One AG: Key financial figures for the business year 2016
26-Apr-2017 / 21:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Key financial figures for the business year 2016Hamburg, 26 April 2017 - Aves One AG generated a consolidated operating profit (EBITDA) of EUR 15.4 million in the last business year 2016. The Container segment delivered the biggest contribution, EUR 14.2 million, to the 2016 profit (EBITDA). Due to the takeover of ERR, which occurred only in the fourth quarter of 2016, the Rail segment yielded EUR 5.5 million to the Group's EBITDA.
The profit before tax in the 2016 business year was EUR -6.4 million, and thus shows a positive trend compared to the pre-tax profit for the first half-year of 2016 (EUR -8.9 million). Amortisations amounting to EUR 8.5 million and interest costs of EUR 14.1 million are the key drivers for the pre-tax profit. The Executive Directors of Aves One AG still see great potential, especially in optimising the financing structure.
The complete annual financial statements with detailed explanations for 2016 will be published on the company's web site www.avesone.com on 28 April 2017.
More information: www.avesone.com
Contact
Aves One AG
Jürgen Bauer, Executive Director
Tel.: +49 (40) 696 528 350
Fax: +49 (40) 696 528 359
E-mail: ir@avesone.com
26-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Aves One AG
Große Elbstrasse 45
22767 Hamburg
Germany
Phone:
040 696528 350
Fax:
040 696528 359
E-mail:
ir@avesone.com
Internet:
www.avesone.com
ISIN:
DE000A168114
WKN:
A16811
Listed:
Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Berlin, Dusseldorf
End of Announcement
DGAP News Service
567953 26-Apr-2017 CET/CEST