ProCredit Holding AG raises medium-term outlook for group’s return on equity
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EQS-Ad-hoc: ProCredit Holding AG / Key word(s): Change in Forecast Frankfurt am Main, 12 March 2024 - In light of the update of the group’s business strategy, the Management Board of ProCredit Holding AG decided today to raise the medium-term outlook for the group’s return on equity from around 12% to around 13 - 14%.
End of Inside Information Information and Explanation of the Issuer to this announcement: Contact: Investor Relations, ProCredit Holding, Tel.: +49 69 951 437 0, e-mail: pch.ir@procredit-group.com
About ProCredit Holding AG ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The main shareholders of ProCredit Holding AG include the strategic investors Zeitinger Invest GmbH and ProCredit Staff Invest GmbH & Co KG (the investment vehicle for ProCredit staff), KfW, the Dutch DOEN Participaties BV and the European Bank for Reconstruction and Development. As the group’s superordinated company according to the German Banking Act and as the parent financial holding company of the ProCredit financial holding group, ProCredit Holding AG is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit: https://www.procredit-holding.com/
12-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | ProCredit Holding AG |
| Rohmerplatz 33-37 | |
| 60486 Frankfurt am Main | |
| Germany | |
| Phone: | +49-69-951437-0 |
| Fax: | +49-69-951437-168 |
| E-mail: | pch.info@procredit-group.com |
| Internet: | www.procredit-holding.com |
| ISIN: | DE0006223407, DE000A289FD2, DE000A3E5LD7, DE000A0N37P3, DE000A161YW4, DE000A3MP7Z1, DE000A289E87, DE000A3E47A7, DE000A2YN7F2, DE000A2YN017 |
| WKN: | 622340 |
| Indices: | im Freiverkehr der Frankfurter Wertpapierbörse |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1856825 |
| End of Announcement | EQS News Service |
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1856825 12-March-2024 CET/CEST
