capsensixx AG: Preliminary results for 2020 exceed earnings forecast

Frankfurt am Main (pta041/30.03.2021/23:10) - Preliminary results for 2020 exceed earnings forecast

* Earnings after taxes (without non controlling interests) 2020: EUR 2.3 million (2019: 2.4 million)
* DVFA epS per share 2020: EUR 0.66 (2019: EUR 0.70)
Frankfurt am Main, March 30, 2021
According to preliminary figures, capsensixx closed the 2020 financial year - which was characterized by high uncertainties due to COVID-19 - with a result for 2020 that was above the annual forecast.
The following key figures for 2019 and 2020 are given before deduction of third-party shares, unless otherwise indicated.
In 2020, net commission income increased by 4.2% to EUR 24.2 million (2019: EUR 23.2 million).
The result after taxes (without non controlling interests) is reported at EUR 2.3 million (2019: EUR 2.4 million) in the 2020 financial year. The DVFA eps are reported at EUR 0.66 (2019: EUR 0.70).
With these preliminary results for the 2020 financial year, the forecast for the 2020 financial year made in the first half of 2020 was exceeded. The positive earnings trend continued in the second half of 2020. The good start to the year 2021 signals that - despite the unchanged uncertainties caused by COVID-19 - this earnings trend should continue for the financial year 2021.
The share buyback program that has started is to be continued in the further course of the financial year.
The annual report 2020 of capsensixx - as published in the financial calendar - will be available from April 27, 2020 at www.capsensixx.de.

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