Corporate | 3 August 2007 13:34
DF Deutsche Forfait AG / Quarter Results/Forecast
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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DF Deutsche Forfait AG – 2nd Quarter: Positive earnings development
continues
Cologne, 3 August 2007 – In the second quarter of 2007, DF Deutsche Forfait
AG was able to further increase earnings as compared to the first quarter,
while forfeiting volumes remained at similar levels. Due to the current
favourable business situation, the management expects the positive
development to continue and is therefore confident that published forecasts
will be fully met.
Current developments in the subprime loans sector and related markets did
not affect business at DF Deutsche Forfait AG. Investors of this asset
class are not generally clients of the company; neither is DF Deutsche
Forfait AG involved in this asset class.
DF Deutsche Forfait AG
Media & Investor Relations
Kattenbug 18 - 24
50667 Cologne
T +49 221 97376-46
F +49 221 97376-60
E communications@dfag.de
http://www.dfag.de
International Securities Identification Number (ISIN): DE0005488795
National Securities Number (WKN): 548879
Code: DE6
Listing: Geregelter Markt in Frankfurt (Prime Standard)
About DF Group
The main business activities of DF Group are the purchase and sale of
selected export receivables in emerging markets on a non-recourse basis.
The objective is to sell on the acquired receivables at the same time or in
the short term. Forfaiting is an increasingly important tool in export
financing, with volumes rising in line with growth in international trade
and the continuing advance of globalization. Creating tradable products
from receivables benefits both exporters and buyers. As well as
transferring risk to the buyer, the main benefit of forfeiting for
exporters is the inflow of cash. This relieves the exporters’ credit lines
and improves their balance sheet structure. DF Deutsche Forfait AG
structures receivables attractively, so that investors seek them as a type
of investment.
DGAP 03.08.2007
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Language: English
Issuer: DF Deutsche Forfait AG
Kattenbug 18-24
50667 Köln
Deutschland
Phone: +49 (0)221 - 973 76 0
Fax: +49 (0)221 - 973 76 76
E-mail: dfag@dfag.de
Internet: www.dfag.de
ISIN: DE0005488795
WKN: 548879
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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