København, 2012-09-07 10:57 CEST (GLOBE NEWSWIRE) --
The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the Interim Report as at 30 June 2012.
- The Group’s results before tax for the third quarter of the financial year show a loss of DKK 2.7 million (DKK -3.8 million). After tax the Group’s loss amounts to DKK 3.0 million (DKK -3.3 million).
- The Group’s results before tax for the period show a loss of DKK 7.2 million (DKK 63.3 million). After tax the Group’s results show a loss of DKK 5.0 million (DKK 52.2 million).
- The results for the period are influenced by positive net fair value adjustments and realised losses on securities of DKK -7.4 million (DKK 27.3 million) as well as negative fair value adjustments of debt to credit institutions, mortgage debt and interest swaps of DKK 0.6 million (DKK 7.7 million)
- Basic earnings for the third quarter of the financial year amount to DKK 2.4 million (DKK 2.1 million).
- Basic earnings for the period decreased from DKK 13.0 million to DKK 7.3 million. The reduction is primarily due to lower net interest on and exchange adjustments of mortgage deeds and bonds.
- The net asset value per share in circulation is DKK 391.24 (DKK 430.76).
- The expected results for the year before tax are maintained at an unchanged DKK -6.0 - 0.0 million. The expected results for the year include basic earnings of DKK 10.0 - 13.0 million against previously DKK 13.0 - 15.0 million.
- For the coming financial year 2012/13, basic earnings of approximately DKK 21 million are expected.
Svend Rolf Larsen, CEO
