06.01.2023 Varengold Bank AG  DE0005479307

EQS-Adhoc: Varengold Bank AG plans dividend payment for 2022 and gives first earnings forecast for 2023


 

EQS-Ad-hoc: Varengold Bank AG / Key word(s): Dividend/Forecast
Varengold Bank AG plans dividend payment for 2022 and gives first earnings forecast for 2023

06-Jan-2023 / 17:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Hamburg, 6 January 2023 – For the financial year 2022, Varengold Bank AG (symbol: VG8) records preliminary and not yet audited earnings before taxes (EBT*) as a key performance indicator in the amount of EUR 33.3 million. This result includes a first-time allocation to the special item "fund for general banking risks" of EUR 5.0 million. This special item will additionally strengthen the bank's capital once the annual financial statements for 2022 have been approved. The additional risk provision of around EUR 12.6 million includes a further "hidden" provision item of a similar amount.

Based on the preliminary net profit for the financial year 2022 of EUR 19.2 million, the Management Board and the Supervisory Board plan to propose a dividend payment of approx. EUR 3.6 million (36 cents per share) to the Annual General Meeting in August 2023 and to carry forward the remaining amount to new account.

Due to the earnings development in 2022 and initial planning calculations, Varengold Bank has derived an initial forecast and expects an EBT of EUR 40-50 million in the financial year 2023. This earnings forecast is highly dependent on the further development of interest rates and macroeconomic developments.
 

Dr. Bernhard Fuhrmann  
Management Board

Frank Otten
Management Board
 

* EBT (earnings before taxes) is defined as the result for the period before deduction of income taxes.
 

Disclaimer

This notification is a mandatory notification according to Art. 17 MAR. The assessments contained are subject to the following caveats.

Disclaimer on forward-looking statements / no duty to update

This communication contains forward-looking statements that are subject to certain risks and uncertainties. Future results may differ materially from those currently expected, namely due to various risk factors and uncertainties such as changes in the business, economic and competitive situation, fluctuations in exchange rates, uncertainties regarding legal disputes or investigations, and the availability of financial resources. The reader should therefore not over-rely on these statements, particularly in connection with contracts or investment decisions. Varengold Bank AG assumes no responsibility for updating the forward-looking statements contained in this communication.


Contact:
Ms. Sanja Schultz-Szabo (Head of Corporate Development)

06-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Varengold Bank AG
Große Elbstraße 39
22767 Hamburg
Germany
Phone: +49 (0)40 / 668649-0
Fax: +49 (0)40 / 668649-49
E-mail: [email protected]
Internet: www.varengold.de
ISIN: DE0005479307
WKN: 547930
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1529737

 
End of Announcement EQS News Service

1529737  06-Jan-2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 14,68 13,15 20,16 19,88 24,42 51,39 0,00
EBITDA1,2 -2,20 0,56 2,28 3,59 1,86 21,40 0,00
EBITDA-Marge3 -14,99 4,26 11,31 18,06 7,62 41,64 0,00
EBIT1,4 -2,52 0,55 2,28 3,59 1,86 21,40 0,00
EBIT-Marge5 -17,17 4,18 11,31 18,06 7,62 41,64 0,00
Jahresüberschuss1 -1,49 0,02 0,52 1,62 1,72 17,17 20,00
Netto-Marge6 -10,15 0,15 2,58 8,15 7,04 33,41 0,00
Cashflow1,7 -1,49 0,20 0,52 2,55 9,12 17,28 0,00
Ergebnis je Aktie8 -0,51 0,01 0,06 0,17 0,17 1,71 1,45
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Varengold Bank
WKN Kurs in € Einschätzung Börsenwert in Mio. €
547930 3,040 30,53
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,69 10,31 0,84 -4,41
KBV KCV KUV EV/EBITDA
0,55 1,77 0,59 15,27
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 24.08.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.04.2023 30.09.2024 - 28.06.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
14,85% -26,52% -46,67% -27,62%
    
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Finanzdienstleistungen , 547930 , VG8 , XETR:VG8