Edition:
India

Deutsche Pfandbriefbank Sees Lower Pretax Profit At 180-200 Mln Eur In 2020


Wednesday, 4 Mar 2020 

March 4 (Reuters) - Deutsche Pfandbriefbank AG ::INCREASES PRE-TAX PROFIT TO € 216 MILLION.PRE-TAX RESULT OF € 216 MILLION WAS SLIGHTLY ABOVE THE PREVIOUS YEAR'S FIGURE (2018: € 215 MILLION).INCREASED ITS INTEREST AND COMMISSION INCOME, WHICH ROSE TO € 464 MILLION (2018: € 456 MILLION).OPERATING INCOME OVERALL ALSO INCREASED SIGNIFICANTLY TO € 505 MILLION (2018: € 471 MILLION).PLANS TO PROPOSE A DIVIDEND OF € 0.90 PER DIVIDEND-BEARING SHARE TO THE ANNUAL GENERAL MEETING.SEES 2020 PRE TAX PROFIT OF 180-200 MILLION EUR.