DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Results Forecast/Preliminary Results 03.03.2015 20:56 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DEMIRE expects consolidated net profit in the double-digit million range for the abbreviated 2014 financial year Frankfurt/Main, March 3, 2015 - The Executive Board of DEMIRE Deutsche Mittelstand Real Estate AG ("DEMIRE", ISIN DE000A0XFSF0) expects consolidated net profit of an amount in the double-digit million range for the abbreviated 2014 financial year (1 April to 31 December 2014) pursuant to IFRS based on the findings available today in the context of preparing the annual financial statements. In the previous financial year that ran from 1 April 2013 to 31 March 2014, the Group recorded a consolidated net loss under IFRS in the amount of approximately EUR 6 million. The projected jump in earnings results from the fair value measurement of real estate acquired in the abbreviated financial year and held as investment property. Due to the lack of confirmation of these appraisal reports, the Company cannot predict the ultimate effect of this appraisal at this time. Therefore, the precise amount of reportable consolidated net profit has not yet been firmly established. The Executive Board Disclaimer The information in this release contains forward-looking statements that involve a number of risks and uncertainties. The forward-looking statements contained herein are based on current plans, expectations and estimates made by the DEMIRE Executive Board on the date of their publication. Such statements are neither promises nor guarantees, and are subject to a number of known and unknown risks and uncertainties, some of which cannot be influenced by DEMIRE. These risks and uncertainties could cause actual results or circumstances to differ materially from the statements made herein. DEMIRE is not obliged to update or release any revisions to the forward-looking statement in this release to reflect events or circumstances occurring after the date of this release. Contact DEMIRE Deutsche Mittelstand Real Estate AG Lyoner StraÃe 32 60528 Frankfurt am Main Phone: +49 (0) 69-719 189 79 0 Telefax: +49 (0) 69-719 189 79 11 Email: ir@demire.ag Web: www.demire.ag Investor Relations GFEI Aktiengesellschaft Lars Kuhnke Phone: +49 (0) 511 4740 2310 Email: ir@demire.ag 03.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DEMIRE Deutsche Mittelstand Real Estate AG Lyoner StraÃe 32 60528 Frankfurt am Main Germany Phone: +49 (0)69 / 719 189 79 0 Fax: +49 (0)69 / 719 189 79 11 E-mail: info@demire.ag Internet: www.demire.ag ISIN: DE000A0XFSF0 WKN: A0XFSF Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE expects consolidated net profit in the double-digit million range for the abbreviated 2014 financial year
| Source: EQS Group AG