German Startups Group GmbH & Co. KGaA: German Startups Group in 3Q17 again with positive result

Nachricht vom 06.10.2017 (www.4investors.de) -






DGAP-Media / 06.10.2017 / 11:32

+++ Press release +++
for immediate publication

German Startups Group in 3Q17 again with positive result

Berlin, 6 October 2017 - German Startups Group, a leading venture capital provider in Germany and Berlin-based digital agency with 140 employees, has been profitable again in the third quarter of 2017, according to preliminary insights, expectedly in a similar magnitude as the first two quarters on average (IFRS consolidated). Included in the preceding result, inherently, are also all depreciations of shareholdings which the company undertook as usual for all value developments recognisable for it. The net profit in the first half of 2017 amounted to 0.19 EUR per share (IFRS consolidated). German Startups Group was able to achieve profitable exits with its portfolio companies Delivery Hero and eWings and realise - partly large - sale profits with the sales of its stakes in Pyreg, realbest, CRX Markets and Scalable Capital. The company still holds a stake in CRX Markets.

Additionally, until the end of the year the company expects further exit opportunities as well as upside potential for existing portfolio companies.

After moving sideways for a longer period, German Startups Group again anticipates a positive growth for its focus investment Ceritech, too. Their project of extracting and providing Rare Earth Metals at low cost from gypsum-containing production residues is again positively developing at a higher momentum. Following lower prices for Rare Earth Metals, in the meantime, they start to pick up again. So far, they were gathered mainly in China and are used for smart phones and batteries of electric vehicles, among others. Due to the growing relevance of electric mobility market researchers predict a strong surge in the demand for Rare Earth Metals.

Investor relations contact
German Startups Group
Marcel Doeppes
Mail: ir@german-startups.com


German Startups Group - We Love Startups!

German Startups Group is a listed investment company based in Berlin that focuses on young, fast-growing companies, so-called startups. The company acquires majority and minority shareholdings mainly by providing venture capital. The portfolio companies that German Startups Group holds also stand to benefit from German Startups Group's expertise, experience and network with respect to strategy development, financing rounds, restructuring necessities, M&A transactions or selling the company, including a possible IPO. According to its own assessment, German Startups Group provides startups with so-called "smart money" by acquiring a shareholding. Its focus is on companies whose products or business models represent a disruptive innovation, allow for a high degree of scalability to be expected, and in which it has a great deal of trust in the entrepreneurial abilities of the founders to whom it feels that it obtains early access to due to its close relationships to relevant players in the startup scene. The geographical focus is on the German-speaking region. Since it commenced with operations in 2012, German Startups Group has in its opinion built up a diversified portfolio of investments in young companies and become the most active private venture capital investor in Germany since 2012 (CB Insights 2015, PitchBook 2016). 22 of the 40 minority stakeholdings in operationally active companies are of particular significance to German Startups Group and together comprise 90% of the total value of all 40 active minority stakeholdings. The 8 core holdings alone make up 56% of the value of all active minority stakeholdings. According to German Startups Group, its investment portfolio reflects a cross-section of promising German startups of various maturity stages ("Seed," "Early" and "Growth Stage," by German Startups Group's own definition) and includes some of the most successful and best known German startups.

More information is available on our website at www.german-startups.com.


End of Media Release
Issuer: German Startups Group GmbH & Co. KGaA
Key word(s): Finance
06.10.2017 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:
English
Company:
German Startups Group GmbH & Co. KGaA

Tempelhofer Damm 2

12101 Berlin


Germany
Phone:
+49.30.6098890.80
Fax:
+49.30.6098890.89
E-mail:
info@german-startups.com
Internet:
www.german-startups.com
ISIN:
DE000A1MMEV4
WKN:
A1MMEV
Listed:
Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange; Open Market (Scale) in Frankfurt

 
End of News
DGAP Media


616479  06.10.2017 








Aktuelle Nachrichten aus der 4investors-Redaktion

22.06.2018 - Sporttotal: Klare Warnung – Deutliche Kursreaktion
22.06.2018 - Ahlers: Es läuft nicht rund
22.06.2018 - Aixtron Aktie: Vorsicht, neue Verkaufssignale!
22.06.2018 - Wirecard Aktie: Wohin geht die Reise jetzt?
22.06.2018 - Steinhoff Aktie: Wie reagiert der Kurs auf diesen Deal?
22.06.2018 - Geely Aktie: Neues Unheil oder eine Bärenfalle
22.06.2018 - Deutsche Bank Aktie: Gute US-News - und nun?
21.06.2018 - capsensixx: Keine Zeichnungsgewinne beim Börsenstart
21.06.2018 - Paion: Frisches Geld aus Frankreich
21.06.2018 - Aovo Touristik: Überraschendes Ergebnis


Chartanalysen

22.06.2018 - Aixtron Aktie: Vorsicht, neue Verkaufssignale!
22.06.2018 - Wirecard Aktie: Wohin geht die Reise jetzt?
22.06.2018 - Geely Aktie: Neues Unheil oder eine Bärenfalle
22.06.2018 - Deutsche Bank Aktie: Gute US-News - und nun?
21.06.2018 - JinkoSolar Aktie: Das wird spannend!
21.06.2018 - Deutsche Bank Aktie: Das sieht übel aus, aber…
21.06.2018 - Siemens Healthineers Aktie: Neue Kaufsignale - die Rallye geht weiter
21.06.2018 - Evotec Aktie: Alles läuft auf eine Entscheidung hinaus!
21.06.2018 - Medigene Aktie: Nimmt die Erholung jetzt Fahrt auf?
21.06.2018 - Heidelberger Druck Aktie: Wenn alles gut geht...


Analystenschätzungen

22.06.2018 - Daimler: Neues Kursziel nach der Gewinnwarnung
22.06.2018 - Volkswagen: Prognose wird leicht angepasst
22.06.2018 - Allianz: Klare Hochstufung der Aktie
22.06.2018 - BMW: Gefahr einer Warnung steigt an
21.06.2018 - Dialog Semiconductor: Abwärtstrend setzt sich fort
21.06.2018 - Daimler: Doppelte Abstufung nach der Warnung
21.06.2018 - Daimler: Analysten reagieren gelassen auf Gewinnwarnung
20.06.2018 - artec: Aktie mit neuem Kursziel
20.06.2018 - ThyssenKrupp: Positive Auswirkungen
20.06.2018 - K+S: Aktie weiter mit Kaufvotum


Kolumnen

22.06.2018 - DAX: „Evening-Star” sorgt für Adrenalin - Donner + Reuschel Kolumne
22.06.2018 - Öl: OPEC-Treffen in Wien - wie stark wird die Produktionsanhebung? - Commerzbank Kolumne
22.06.2018 - Gold: Abwärtstrend setzt sich fort - UBS Kolumne
22.06.2018 - DAX: Es wird ungemütlich - UBS Kolumne
21.06.2018 - Gold: Es kriselt trotz Krise... - Donner + Reuschel Kolumne
21.06.2018 - Keine Zinserhöhung der Bank of England erwartet - Commerzbank Kolumne
21.06.2018 - DAX 30 kämpft mit wichtiger Hürde - Donner + Reuschel Kolumne
21.06.2018 - SAP Aktie: In luftigen Höhen - UBS Kolumne
21.06.2018 - DAX: Doppelhoch droht aktiviert zu werden - UBS Kolumne
20.06.2018 - DAX 30 kurz vor wichtiger Hürde: Kaufsignal 200-Tage-Linie!? - Donner + Reuschel Kolumne

All Right Reserved by minimalthemes - ©2018 Stoffels & Barck GbR