March 27, 2018 / 6:26 AM / in 5 months

BRIEF-Procredit Holding Profit From Continuing Operations At EUR 46.6 Mln

March 27 (Reuters) - PROCREDIT HOLDING AG & CO KGAA :

* PROFIT FROM CONTINUING OPERATIONS, AT EUR 46.6 MILLION IN 2017 (2016: EUR 47 MILLION)

* IN 2018, GROSS LOAN PORTFOLIO EXPECTED TO GROW BY 12-15% AND ROAE TO 7.5-8.5%

* PROFIT OF EUR 48.1 MILLION IN 2017, WHICH WAS LOWER THAN THAT OF PREVIOUS YEAR (2016: EUR 61 MILLION)

* COMMON EQUITY TIER 1 CAPITAL RATIO (CET1 FULLY LOADED) WAS 13.7% AS AT 31 DECEMBER 2017 (2016: 12.5%) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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