on Lübke Kelber AG (isin : DE000A35JR33)
Lübke Kelber AG Releases Preliminary Financial Results for 2023
Frankfurt a. M., 10 May 2024 - Lübke Kelber AG announced its preliminary financial results following the restructuring at the end of 2023. The real estate group increased its equity significantly from EUR -0.1 million to EUR 17.8 million, largely due to the integration of its subsidiary Dr Lübke & Kelber GmbH. However, restructuring and legal costs led to an EBIT of EUR -0.42 million.
Financially, Dr Lübke & Kelber GmbH experienced a sales increase to EUR 8.7 million with a transaction volume of approximately EUR 850 million. Despite this growth, EBIT remained negative at EUR -1.6 million due to higher personnel costs and expansion activities. Expected improvements in EBIT over EUR 1.0 million are anticipated for 2024 based on strategic investments in personnel and assets.
The complete annual financial report for Lübke Kelber AG is set to be released on 31 May 2024.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Lübke Kelber AG news