DGAP-News: GRENKE AG / Key word(s): Preliminary Results
30.04.2021 / 07:02
The issuer is solely responsible for the content of this announcement.
GRENKE reports preliminary results for 2020: Solid numbers despite pandemic with net profit of EUR 79.9 million
Baden-Baden, April 30, 2021: GRENKE AG, a global financing partner for small and medium-sized enterprises, generated a net profit of EUR 79.9 million in financial year 2020 (20191: EUR 135.9 million) according to preliminary figures. The results meet the Company’s forecast of a net profit “in the upper double-digit-million range” last published on February 26, 2021. Earnings per share correspond to EUR 1.67 (20191: EUR 2.95). The 2020 Annual Report, including the audit opinion, is scheduled to be published on May 21, 2021.
“2020 was a tremendous challenge for GRENKE,” commented Antje Leminsky, Chair of the Board of Directors of GRENKE AG. “We mastered it with unity and persistence and are now again looking ahead. In the second half of the year, we want to return to a growth mode.”
Sebastian Hirsch, Chief Financial Officer of GRENKE…
