DGAP-Ad hoc: DF Deutsche Forfait AG

DGAP-Adhoc: DF Deutsche Forfait AG releases preliminary figures for Q1 2011

DF Deutsche Forfait AG / Key word(s): Quarter Results

18.05.2011 07:28

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

DF Deutsche Forfait AG releases preliminary figures for Q1 2011

- Consolidated profit of EUR 0.6 million - Improvements in sales show results - Forfaiting volume rises to EUR 195 million

Cologne, 18 May 2011 - DF Deutsche Forfait AG has gotten off to a positive start in 2011 with preliminary consolidated profit of EUR 0.6 million. This surplus represents the best quarterly result of the last 12 months, despite being below the figure of EUR 1.1 million achieved in Q1 2010. The current quarterly earnings, volume and margin are far above those of Q4 2010, something which proves that the company's efficiency measures in sales introduced in the second half-year of 2010 are now taking root and producing results.

In Q1 2011, forfaiting volume reached EUR 195 million. This corresponds to an increase of 8% over the first three months in 2010 (EUR 180.7 million) and of 18% over the figure for Q4 2010 (EUR 164.8 million). The company's most important performance figure, gross result including financial results, also displayed a similar development. While the result was below the figure for Q1 2010, down to EUR 3.2 million from EUR 3.5 million, it was still substantially above the level of EUR 2.5 million achieved in Q4 2010 (+28%). The forfaiting margin within the reporting period was down slightly on the full-year figure for 2010, 1.7% as against 1.8% respectively.

For financial year 2011, the Board of Management believes that forfaiting volume will continue to rise and that consolidated profit will exceed that of last year.

The complete Q1 report will be released as announced on 27 May 2011.

DF Deutsche Forfait AG Christoph Charpentier Kattenbug 18 - 24 50667 Cologne T +49 221 97376-37





18.05.2011 DGAP's 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: 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 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------