Auden AG announces financial outlook for full-year 2017
Berlin – 4. April 2017
Auden AG, which will shortly announce its preliminary full-year results for 2016, has been able to completely cover its consolidated deficit of EUR 2.7 million during the first half of 2016 through earnings in the second half. The company’s senior management thus expects to report positive consolidated net income for the full-year period.
Looking ahead to the current fiscal year, the company anticipates profit from ordinary activities of at least EUR 4 million, or EUR 0.44 per share, resulting from dispositions of shareholdings in existing portfolio companies.
Chief Executive Officer