- Nachrichtendetail
-
28.06.2024 10:05:34 - dpa-AFX: EQS-News: EPH Group AG publishes financial figures for 2023 (english)
EPH Group AG publishes financial figures for 2023
EQS-News: EPH Group AG / Key word(s): Annual Report/Annual Results
EPH Group AG publishes financial figures for 2023
28.06.2024 / 10:05 CET/CEST
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
EPH Group AG publishes financial figures for 2023
* Profit for the period of EUR 0.5 million in the short financial year 2023
* Project pipeline well filled
* Bond issue supports growth
* Listing of EPH Group shares on the Vienna Stock Exchange planned
Vienna, 28 June 2024 - EPH Group AG, a company planning to build a
diversified portfolio of high-yield hotels and resorts in the premium and
luxury segment in Austria, Germany and other top European destinations, has
published its first annual financial statements for the short financial year
from 19 April to 31 December 2023. The financial report, which was
voluntarily prepared in accordance with IFRS standards, shows a profit for
the period of EUR 0.5 million, total assets of EUR 6.7 million and equity of
EUR 0.6 million.
Activities in 2023 were largely characterised by the issue of a tourism bond
with a volume of up to EUR 50 million and a term of seven years. It offers
an interest rate of 10% p.a. with a monthly distribution. With a
denomination of EUR 1,000, the bond is aimed at both institutional and
private investors. The bond is listed on the Open Market (Quotation Board)
of the Frankfurt Stock Exchange and on the Vienna MTF of the Vienna Stock
Exchange (ISIN: DE000A3LJCB4 / WKN: A3LJCB) and, since April 2024, also on
Euronext Paris in the Euronext Access segment.
The proceeds from the placement of the bond will be used primarily to build
up a diversified portfolio of high-yield premium and luxury hotels and
resorts. For the current project, a project company has already acquired an
approximately 34,000 square metre plot of land in a prime location in the
Kitzbühel Alps in Austria. A resort in the premium segment will be built
there with a well-known international hotel brand as operator.
In order to further strengthen the capital base and reduce the risk for bond
investors, it is planned to have the shares of EPH Group AG listed on the
Vienna MTF of Wiener Börse AG (segment "direct market plus"). Preparations
for this are already underway in order to be able to realise the IPO quickly
once the critical size has been reached.
Alexander Lühr, CEO of EPH Group AG: "As the new CEO, I am delighted to be
able to present such a pleasing result for the past short financial year
2023. I would like to thank my predecessor, Jürgen Geisler, for this
achievement in a difficult market environment. We are well on the way to
realising a first-class hotel project thanks to the purchase of an exposed
site near Kitzbühel. More will follow. The pipeline is well filled and we
are constantly reviewing incoming offers. The liquid funds currently
available, in conjunction with the ongoing placement of our bond, also allow
us to take advantage of short-term opportunities."
The financial report as at 31 December 2023, together with all information
on the bond, can be found on the company's website at www.eph-group.com.
End of the company announcement
About EPH Group AG:
EPH Group AG consists of a group of investors, project developers, hotel
property, financing and capital market experts. The company plans to build a
diversified portfolio of high-yield hotels and resorts in the premium and
luxury segment in Austria, Germany and other top European destinations.
Thanks to the EPH team's many years of experience, it has excellent market
access and a full acquisition pipeline. In the areas of feasibility studies,
due diligence, valuation, contract management, M&A, portfolio strategy,
development and construction, EPH Group AG works together with the leading
hotel and tourism consulting companies in Austria and Germany. This enables
the company to draw on comprehensive expertise and develop the best possible
strategy for each project.
The EPH Group AG bond (ISIN: DE000A3LJCB4 / WKN: A3LJCB) is listed on the
Open Market (Quotation Board) of the Frankfurt Stock Exchange, on the Vienna
MTF of the Vienna Stock Exchange and as part of a dual listing on Euronext
Paris in the Euronext Access segment.
Further information can be found at www.eph-group.com.
Contact investors / press:
max Equity Marketing GmbH
Maximilian Fischer
Marienplatz 2
80331 Munich
Phone: +49 89 139 2889 0
Mail: m.fischer@max-em.de
---------------------------------------------------------------------------
28.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
End of News EQS News Service
---------------------------------------------------------------------------
1935077 28.06.2024 CET/CEST
EQS-News: EPH Group AG / Key word(s): Annual Report/Annual Results
EPH Group AG publishes financial figures for 2023
28.06.2024 / 10:05 CET/CEST
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
EPH Group AG publishes financial figures for 2023
* Profit for the period of EUR 0.5 million in the short financial year 2023
* Project pipeline well filled
* Bond issue supports growth
* Listing of EPH Group shares on the Vienna Stock Exchange planned
Vienna, 28 June 2024 - EPH Group AG, a company planning to build a
diversified portfolio of high-yield hotels and resorts in the premium and
luxury segment in Austria, Germany and other top European destinations, has
published its first annual financial statements for the short financial year
from 19 April to 31 December 2023. The financial report, which was
voluntarily prepared in accordance with IFRS standards, shows a profit for
the period of EUR 0.5 million, total assets of EUR 6.7 million and equity of
EUR 0.6 million.
Activities in 2023 were largely characterised by the issue of a tourism bond
with a volume of up to EUR 50 million and a term of seven years. It offers
an interest rate of 10% p.a. with a monthly distribution. With a
denomination of EUR 1,000, the bond is aimed at both institutional and
private investors. The bond is listed on the Open Market (Quotation Board)
of the Frankfurt Stock Exchange and on the Vienna MTF of the Vienna Stock
Exchange (ISIN: DE000A3LJCB4 / WKN: A3LJCB) and, since April 2024, also on
Euronext Paris in the Euronext Access segment.
The proceeds from the placement of the bond will be used primarily to build
up a diversified portfolio of high-yield premium and luxury hotels and
resorts. For the current project, a project company has already acquired an
approximately 34,000 square metre plot of land in a prime location in the
Kitzbühel Alps in Austria. A resort in the premium segment will be built
there with a well-known international hotel brand as operator.
In order to further strengthen the capital base and reduce the risk for bond
investors, it is planned to have the shares of EPH Group AG listed on the
Vienna MTF of Wiener Börse AG (segment "direct market plus"). Preparations
for this are already underway in order to be able to realise the IPO quickly
once the critical size has been reached.
Alexander Lühr, CEO of EPH Group AG: "As the new CEO, I am delighted to be
able to present such a pleasing result for the past short financial year
2023. I would like to thank my predecessor, Jürgen Geisler, for this
achievement in a difficult market environment. We are well on the way to
realising a first-class hotel project thanks to the purchase of an exposed
site near Kitzbühel. More will follow. The pipeline is well filled and we
are constantly reviewing incoming offers. The liquid funds currently
available, in conjunction with the ongoing placement of our bond, also allow
us to take advantage of short-term opportunities."
The financial report as at 31 December 2023, together with all information
on the bond, can be found on the company's website at www.eph-group.com.
End of the company announcement
About EPH Group AG:
EPH Group AG consists of a group of investors, project developers, hotel
property, financing and capital market experts. The company plans to build a
diversified portfolio of high-yield hotels and resorts in the premium and
luxury segment in Austria, Germany and other top European destinations.
Thanks to the EPH team's many years of experience, it has excellent market
access and a full acquisition pipeline. In the areas of feasibility studies,
due diligence, valuation, contract management, M&A, portfolio strategy,
development and construction, EPH Group AG works together with the leading
hotel and tourism consulting companies in Austria and Germany. This enables
the company to draw on comprehensive expertise and develop the best possible
strategy for each project.
The EPH Group AG bond (ISIN: DE000A3LJCB4 / WKN: A3LJCB) is listed on the
Open Market (Quotation Board) of the Frankfurt Stock Exchange, on the Vienna
MTF of the Vienna Stock Exchange and as part of a dual listing on Euronext
Paris in the Euronext Access segment.
Further information can be found at www.eph-group.com.
Contact investors / press:
max Equity Marketing GmbH
Maximilian Fischer
Marienplatz 2
80331 Munich
Phone: +49 89 139 2889 0
Mail: m.fischer@max-em.de
---------------------------------------------------------------------------
28.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
Language: English
Company: EPH Group AG
Gumpendorfer Straße 26
1060 Vienna
Germany
E-mail: info@eph-group.com
Internet: www.eph-group.com
ISIN: DE000A3LJCB4
WKN: A3LJCB
Listed: Regulated Unofficial Market in Frankfurt; Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 1935077
End of News EQS News Service
---------------------------------------------------------------------------
1935077 28.06.2024 CET/CEST
