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Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


Alison Coutts, Executive Chairman, Memphasys Ltd.

Alison Coutts
Executive Chairman | Memphasys Ltd.
30 Richmond Road, 2140 Homebush West (AUS)

alison.coutts@memphasys.com

+61 2 8415 7300

Memphasys Executive Chairman Alison Coutts on in vitro fertilisation (IVF)


06. November 2019 | 16:18 CET

SALZGITTER AG, TICK TRADING SOFTWARE AG, WIRECARD AG - WHAT INFLUENCE DO THE RESULTS HAVE?

  • Results

Today, three German listed companies reported on their business development. Salzgitter AG has published figures for the first nine months. tick-TS AG provided information on the past 2018/19 financial year and Wirecard AG informed the public about the profit forecast for the 2020 financial year. For investors, information on operating performance in the past is important in order to estimate how the future could develop and to what extent the Executive Board has complied with past forecasts.

time to read: 1 minutes by Mario Hose


 

REVENUES DECLINE AND LOSSES ARE EXPECTED

According to preliminary figures, Salzgitter AG recorded a pre-tax profit of EUR 40.7 million in the first nine months of 2019. Although the figure for the same period in the previous year was EUR 284.6 million, current market expectations were probably nevertheless exceeded. External sales of the Salzgitter Group fell from EUR 6.9 billion in the previous year to EUR 6.6 billion, primarily as a result of lower revenues. For the 2019 financial year, a pre-tax loss in the mid double-digit million euro range and lower external sales below EUR 9.0 billion are expected.

RECORD EARNINGS AND DIVIDENDS FOR SHAREHOLDERS

tick-TS AG closed the 2018/2019 fiscal year, which ended on September 30, 2019, with a net income of EUR 1.63 million, which was higher than the previous year's net income of EUR 1.34 million. Earnings per share amounted to EUR 1.62 compared with EUR 1.34 in the previous year, and earnings before taxes amounted to EUR 2.38 million compared with EUR 1.94 million in the previous year. The Management Board and Supervisory Board are expected to propose a dividend of EUR 1.62 per share for the past fiscal year.

EXPECTATION MANAGEMENT THROUGH FORECASTS

This morning, the Management Board of Wirecard AG announced its forecast for the coming fiscal year. According to the announcement, operating earnings before interest, taxes, depreciation and amortization (EBITDA) of between EUR 1 billion and EUR 1.12 billion are expected for fiscal 2020.


Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.