DGAP-News: Franconofurt AG: Results 2010

DGAP-News: Franconofurt AG: Results 2010

ID: 33583

(firmenpresse) - DGAP-News: Franconofurt AG / Key word(s): Final Results/Dividend
Franconofurt AG: Results 2010

25.03.2011 / 07:00

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Franconofurt AG: Results 2010
Dividend proposal of EUR 1,05 per share

March 25, 2011 - Franconofurt AG (ISIN: DE0006372626) based on German GAAP
reports for the year 2010 a net profit of EUR 8.6 million.

The equity for the group based on German GAAP amounted to EUR 65.8 Mio. as
of 31.12.2011.

Franconofurt AG will propose the AGM to be held May 12, 2011 a dividend of
EUR 1.05 per share.

Outlook: Franconofurt AG after selling its subsidiaries FranconoWest AG and
FranconoAdvisory AG in the year 2010 is fully concentrating its business on
the attractive Frankfurt residential market.

Besides the business of selling individual apartments in multi-tenant
houses to owner-occupiers Franconofurt AG will additionally cover the
demand for apartments in Frankfurt through its subsidiary Opera One AG.
Opera One AG is acting as a developer of new or renovated living space in
the City of Frankfurt. It is planned to stock exchange list Opera One AG.

The audited year-end accounts can be accessed through the company's home
page www.franconofurt.de


End of Corporate News

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25.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English




Company: Franconofurt AG
Rossmarkt 11
60311 Frankfurt am Main
Deutschland
Phone: +49 (0)69 920 374 100
Fax: +49 (0)69 920 374 101
E-mail: info(at)franconofurt.de
Internet: http://www.franconofurt.de
ISIN: DE0006372626
WKN: 637262
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Entry Standard in Frankfurt


End of News DGAP News-Service
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116965 25.03.2011

Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  DGAP-News: Drillisch AG reports Final 2010 Report (IFRS) and gives dividend forecast DGAP-News: SFC Energy AG: Preliminary figures confirmed by audited consolidated financial statements - Further growth in 2011 lead by industry and defense markets
Bereitgestellt von Benutzer: EquityStory
Datum: 25.03.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 33583
Anzahl Zeichen: 0

contact information:

Kategorie:

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