The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the Interim Report as at 31 December 2018.
First quarter 2018/19:
- Basic earnings amount to DKK 8.0 million (DKK 5.0 million).
- The Group’s profit before tax amounts to DKK 5.2 million (DKK 2.9 million).
Profit before tax for the period is DKK 2.8 million lower than basic earnings due to fair value adjustments of interest swaps and debt to mortgage credit institutes as well as financial assets.
·The Group’s profit after tax amounts to DKK 4.1 million (DKK 2.3 million).
Expected basic earnings 2018/19:
- At present, basic earnings of approx. DKK 28 million are expected for the financial year 2018/19, which is in accordance with the most recent announcement made in Company Announcement No 1, 2018/19 of 13 December 2018.
- Fair value adjustments of interest swaps and financial assets are not included in basic earnings and will from the beginning of the financial year until 13 February 2019 affect results for the year before tax by DKK -4.8 million. The amount is distributed with DKK -2.8 million for the quarter and DKK -2.0 million for the period 1 January to 13 February 2019.
For additional information concerning this Interim Report, please contact Jannik Rolf Larsen, CEO
(tel: +45 33325015).
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