26.10.2023 ProCredit Holding AG  DE0006223407

EQS-Adhoc: ProCredit Holding AG: ProCredit Holding AG raises guidance for the group’s return on equity for the current financial year


 

EQS-Ad-hoc: ProCredit Holding AG / Key word(s): Change in Forecast
ProCredit Holding AG: ProCredit Holding AG raises guidance for the group’s return on equity for the current financial year

26-Oct-2023 / 15:57 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.


Frankfurt am Main, 26 October 2023 - The Management Board of ProCredit Holding AG decided today to raise the guidance for the financial year 2023 for the group's return on equity to the level of its medium-term outlook of around 12% (with a range of plus/minus 1 percentage point). The previously guided range for return on equity was 8% - 10%. The updated guidance for return on equity is now based on an assumed cost of risk of up to 30 basis points (previously: up to 45 basis points). This has been adjusted as the assumed more adverse conditions in the previous guidance only partially materialised.

The cost-income ratio is expected at 60% - 62% (previously: 62% - 64%). Loan portfolio growth is anticipated in the lower to medium single-digit percentage range (previously: medium single-digit percentage range).

The above updated guidances continue to be subject to adverse assumptions for the fourth quarter of the year, in particular to continue to take into account the ongoing combat activities in Ukraine and the associated uncertainties.

The guidance for a CET1 ratio of over 13% and a leverage ratio of around 9% were confirmed in the course of these adjustments. For the purpose of calculating the capital ratios, one-third of the interim profits for the financial year are accrued for a dividend payment in 2024.

The ProCredit group will publish its third quarter 2023 financial report on 14 November 2023.

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

Contact:

Investor Relations, ProCredit Holding, Tel.: +49 69 951 437 0, e-mail: [email protected]

About ProCredit Holding AG

ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The main shareholders of ProCredit Holding AG include the strategic investors Zeitinger Invest GmbH and ProCredit Staff Invest GmbH & Co KG (the investment vehicle for ProCredit staff), KfW, the Dutch DOEN Participaties BV and the European Bank for Reconstruction and Development. As the group’s superordinated company according to the German Banking Act and as the parent financial holding company of the ProCredit financial holding group, ProCredit Holding AG is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit: https://www.procredit-holding.com/


26-Oct-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: ProCredit Holding AG
Rohmerplatz 33-37
60486 Frankfurt am Main
Germany
Phone: +49-69-951437-0
Fax: +49-69-951437-168
E-mail: [email protected]
Internet: www.procredit-holding.com
ISIN: DE0006223407, DE000A289FD2, DE000A3E5LD7, DE000A0N37P3, DE000A161YW4, DE000A3MP7Z1, DE000A289E87, DE000A3E47A7, DE000A2YN7F2, DE000A2YN017
WKN: 622340
Indices: im Freiverkehr der Frankfurter Wertpapierbörse
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1758407

 
End of Announcement EQS News Service

1758407  26-Oct-2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 248,41 245,39 252,60 252,11 281,88 339,85 412,51
EBITDA1,2 62,15 77,53 76,87 52,09 94,53 17,85 150,02
EBITDA-Marge3 25,02 31,59 30,43 20,66 33,54 5,25
EBIT1,4 62,15 77,53 76,87 52,09 94,53 17,85 150,02
EBIT-Marge5 25,02 31,59 30,43 20,66 33,54 5,25 36,37
Jahresüberschuss1 48,10 54,48 54,31 41,40 79,64 16,50 113,37
Netto-Marge6 19,36 22,20 21,50 16,42 28,25 4,86 27,48
Cashflow1,7 90,75 27,32 290,34 135,89 133,15 566,94 524,05
Ergebnis je Aktie8 0,86 0,90 0,89 0,70 1,35 0,28 1,92
Dividende8 0,27 0,30 0,00 0,53 0,00 0,00 0,38
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
ProCredit Holding
WKN Kurs in € Einschätzung Börsenwert in Mio. €
622340 9,420 Kaufen 554,82
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
5,09 10,19 0,48 9,30
KBV KCV KUV EV/EBITDA
0,59 1,06 1,35 3,70
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,64 6,79 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
13.05.2024 14.08.2024 14.11.2024 20.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
14,32% 22,24% 16,30% 55,96%
    
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Banken , 622340 , PCZ , XETR:PCZ