Company
The NAGA Share
Shareholder Hub
Responsibility
Newsroom
Contact
  1. Home
  3. Newsroom
  5. Ad Hoc News
  7. 26.06.2019 / 17:00 CET/CEST: The NAGA Group AG: Net Profit 2018 of The Naga Group AG presumably below Prognosis

26.06.2019 / 17:00 CET/CEST: The NAGA Group AG: Net Profit 2018 of The Naga Group AG presumably below Prognosis

26.06.2019 / 15:33

Hamburg – Monday, June 24, 2019

On Basis of non-audited figures, The Naga Group AG (ISIN: DE000A161NR7, Ticker symbol: N4G) expects an adjusted EBITDA of roughly +0.3m Euro and a net profit of approximately -4m Euro for fiscal year 2018. Accordingly, the prognosis made in the annual report 2017 and confirmed in the semi-annual report as of 30 June 2018 which assumed a slight decline of the EBITDA versus the prior year (2017: +2.9m Euro) and a marginal drop of the net profit versus the prior year (2017: -2.2m Euro) will not be achieved.

This was caused predominantly by an increase of the bad debt provisions for trade receivables. Nevertheless, the management board still assumes to achieve the goals set for the current fiscal year without raising additional funds.

The aforesaid annual group figures for the fiscal year 2018 are preliminary and are subject to the audit by the group’s auditor and the approval by the companies’ supervisory board. The audited annual figures for fiscal year 2018 shall be published at the latest on 1 July 2019. As last year, the outlook for fiscal year 2019 will be published along with the annual figures for fiscal year 2018.

Press contact
Andreas Luecke
The NAGA Group AG
[email protected]
Download PDF
Auch verfügbar in
Deutsch
Share the article:
Similar articles
The NAGA Group AG Announces Preliminary FY 2025 Financial Results
The NAGA Group Reports Preliminary FY2025 Results on 12 February 2026 – Invitation to Earnings Webcast/Call on the Same Day
The NAGA Group: Research Updates from Warburg and SMC with Updated Price Targets of Up to EUR 11.30 Following Earnings Forecast Revision and Reverse Stock Split
Company
RoadmapAbout the CompanyOur TeamPartnersSponsorship
Shareholder Hub
Presentations & EventsOur key numbersThe NAGA ShareResearch/CoverageCapital MeasuresGeneral MeetingsAd Hoc NewsFinancial Reports
Responsibility
ESGComplianceSecurity & DataCookies policy →Cookies Settings
Newsroom
NewsResources
Follow
work logo

The content of our pages has been created with the utmost care. However, we cannot guarantee the content’s accuracy, completeness or topicality. According to statutory provisions, we are furthermore responsible for our own content on these web pages. In this context, please note that we are accordingly not obliged to monitor merely the transmitted or saved information of third parties, or investigate circumstances pointing to illegal activity. Our obligations to remove or block the use of information under generally applicable laws remain unaffected by this as per 8 to 10 of the Telemedia Act (TMG).

Responsibility for the content of external links (to web pages of third parties) lies solely with the operators of the linked pages. No violations were evident to us at the time of linking. Should any legal infringement become known to us, we will remove the respective link immediately.

Our web pages and their content are subject to German copyright law. Unless expressly permitted by law (§ 44a et seq. of the copyright law), every form of utilizing, reproducing or processing works subject to copyright protection on our web pages requires the prior consent of the respective owner of the rights. Individual reproductions of a work are allowed only for private use, so must not serve either directly or indirectly for earnings. Unauthorized utilization of copyrighted works is punishable (§ 106 of the copyright law).

©2024 THE NAGA GROUP AG