Franconofurt AG
Franconofurt AG: Results 2010
Franconofurt AG / Key word(s): Final Results/Dividend
Franconofurt AG: Results 2010 March 25, 2011 – Franconofurt AG (ISIN: DE0006372626) based on German GAAP reports for the year 2010 a net profit of EUR 8.6 million. The equity for the group based on German GAAP amounted to EUR 65.8 Mio. as of 31.12.2011. Franconofurt AG will propose the AGM to be held May 12, 2011 a dividend of EUR 1.05 per share. Outlook: Franconofurt AG after selling its subsidiaries FranconoWest AG and FranconoAdvisory AG in the year 2010 is fully concentrating its business on the attractive Frankfurt residential market. Besides the business of selling individual apartments in multi-tenant houses to owner-occupiers Franconofurt AG will additionally cover the demand for apartments in Frankfurt through its subsidiary Opera One AG. Opera One AG is acting as a developer of new or renovated living space in the City of Frankfurt. It is planned to stock exchange list Opera One AG. The audited year-end accounts can be accessed through the company's home page www.franconofurt.de End of Corporate News 25.03.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Franconofurt AG | |
Rossmarkt 11 | ||
60311 Frankfurt am Main | ||
Deutschland | ||
Phone: | +49 (0)69 920 374 100 | |
Fax: | +49 (0)69 920 374 101 | |
E-mail: | info@franconofurt.de | |
Internet: | http://www.franconofurt.de | |
ISIN: | DE0006372626 | |
WKN: | 637262 | |
Listed: | Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; Entry Standard in Frankfurt | |
End of News | DGAP News-Service |
116965 25.03.2011 |