Business news for the stock market
Fritz Nols AG: Revenue and profit before tax may increase by 100%
Frankfurt am Main
(pta015/18.12.2015/10:30 UTC+1)
Revenue and EBITDA at record rate
The Fritz Nols AG may increase total sales in 2015 by approximately 100 percent to an estimated EUR 1.4 million (2014: EUR e0,7 million).
The Total EBITDA of Fritz Nols group achieved expected to 1.2 million euros in fiscal 2015. Other corporate investments are planned in 2016.
The 100% subsidiary Da Vinci Invest AG is recovering in Q4 2015 and is expected to be well in positive territory. Due to the good returns there will be inflows into the Fund and in the Swiss asset management.
"The 2015 financial year confirmed the new business model of Fritz Nols AG in the current economic environment," the Board Hendrik Klein announced.
Founded in 1975, Fritz Nols AG is a traditional German group of companies that specializes in capital market advisory for IPOs, M & A, corporate bonds issued by small and medium businesses. The entrepreneurs are talking with us on equal terms and we are interested in practical solutions. The focus of Fritz Nols AG and its Corporate Angels (interim managers) is to ethically and morally impeccable and ecologically sustainable business models, for example, Renewable energy. The support of the Corporate Angels enables entrepreneurs to fully concentrate on the implementation of their business idea. The 100% subsidiary Da Vinci Invest AG manages investment funds in Singapore, Cayman Islands and Luxembourg, among other things, pursue the investment strategy Distressed & Special Situations (companies in difficult times). More investment strategies are out of the range high frequency trading with specialization in Systematic Event Driven (news related Algo systems).
Disclaimer
This document contains forward-looking statements on overall economic development as well as the business, earnings, financial and asset situation of Fritz Nols AG. These statements are based on current plans, estimates, forecasts and expectations of the company and are thus subject to risks and uncertainties that may cause the actual much expected from the development differs. The forward-looking statements to have the time of publication validity. The Fritz Nols AG does not intend to update the forward-looking statements and assumes no obligation. Furthermore, no guarantee for the future business development can be adopted. Maybe the records enter developments that lead to various projects as planned can not be realized or investments turn out to be a non-sense. The Fritz Nols AG assumes no liability.
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Emitter: |
Fritz Nols AG Marburger Str. 1 10789 Berlin Germany |
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Contact Person: | Hendrik Klein | |
Phone: | +49 30 2100 365 40 | |
E-Mail: | hk@fritznols.com | |
Website: | www.fritznols.com | |
ISIN(s): | DE0005070908 (Share) | |
Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Stuttgart |