Interim Report as at 31 December 2015

Udgivet den 08-03-2016  |  kl. 10:00  |  

The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the Interim Report as at 31 December 2015.

 

First quarter of the financial year:

  • Basic earnings amount to DKK 8.8 million (DKK 4.5 million), which is DKK 3.7 million higher than expected. The improvement is primarily attributable to an increase in net financial income of DKK 1.8 million and an improvement of net loss/gain on mortgage deeds of DKK 1.5 million.
  • The Group’s results before tax for the period show a loss of DKK 9.5 million (DKK -13.3 million). After tax, the Group shows a loss of DKK -7.4 million (DKK -10.4 million).

 

The results are negatively affected by DKK 18.3 million, of which DKK -16.4 million relates to net negative fair value adjustments and realised losses on bonds as a result of volatility in the bond market and a widening of the yield spread to government bonds, among other things as a consequence of exposure to the energy and commodity sectors as well as currency hedging, and DKK -1.9 million relates to other fair value adjustments etc not included in basic earnings.

 

  • The net asset value per share in circulation is DKK 346.89 (DKK 402.38). The net asset value per share in circulation is significantly affected by the dividend distribution of DKK 50 million in January 2015, corresponding to DKK 50 per share.

 

Expected profit for the year 2015/16

  • At present, basic earnings of approx. DKK 24.0 million are expected for the financial year 2015/16 compared to approx. DKK 20.0 million previously expected.

 

Fair value adjustments and losses and gains realised on bonds, foreign currencies and interest swaps, etc are not included in basic earnings and will from the beginning of the financial year until 18 February 2016 affect results for the year before tax by approx. DKK -29.8 million, of which approx. DKK -18.3 million relates to the period until 31 December 2015 and approx. DKK -11.5 million to the period 1 January to 18 February 2016.

 

For additional information concerning this Interim Report, please contact Jannik Rolf Larsen, Manager.

 

         Jannik Rolf Larsen
         tlf.: 33325015

Vedhæftede filer:

fonds.medd. 31. december 2015- engelsk.pdf

Udgivet af: NPinvestordk

Seneste nyheder

09:24 Rio Tinto og Glencore diskuterer angiveligt mulighed for at slå pjalterne sammen
09:16 Aktier/åbning: Ørsted stryger til tops - Mærsk-aktierne får baghjul
09:07 ISS sikrer sig to aftaler i 100 mio. kr.-klassen
08:58 Obligationer/åbning: Renten tager mindre dyk frem mod amerikansk industriproduktion
08:49 Netcompany sænkes til "hold" af Jyske Bank: Ser ikke 2025-prognose som en trigger
08:44 Pandora spås større potentiale hos Citi: Er blevet et meget mere robust og attraktivt aktiv
08:17 Netcompany sænkes til "hold" af Jyske Bank: Ser ikke 2025-prognose som en trigger
08:04 Vigtigt rateindeks for Mærsk fortsætter nedturen med endnu et dyk
07:43 Demant snupper markedsandele hos amerikanske veteraner fra Sonova
07:41 Aktier/tendens: Pandora i fokus efter analyseros i ventet forsigtig start
07:27 Ørsted får lavere kursmål hos RBC
07:01 Obligationer/tendens: Flad start på dagen i vente frem mod Trumps indsættelse
06:50 Ørsted får købanbefaling hos ABG
06:47 Råvarer: Olieprisen på vej mod fjerde uge i træk med fremgang
06:39 Asien: Asiatiske aktiebørser taber pusten
06:35 Blackrock ser end ikke solide regnskaber blive belønnet stort
06:34 Kinesisk detailsalg overrasker positivt og industriproduktionen viser gode takter
06:34 Kinas økonomiske vækst i 2024 var en af de ringeste i tre årtier
06:34 Pandora har fået løftet kursmålet hos to store amerikanske børshuse
06:34 Carlsbergs kursmålet sænkes til 900 kr. fra 950 kr. hos ABG - "køb" gentages