Javascript is disabled or not supported. Please enable JavaScript to display the website correctly.
If there are any problems, please contact us!

DIC is now Branicks. More about our new brand identity

Ad-hoc disclosure pursuant to section 15 of the German Securities Trading Act (WpHG)

DIC Asset AG / Preliminary ResultsRelease of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------On the basis of initial provisional figures, SDAX listed DIC Asset AG todayinforms of some key aspects regarding the 2007 financial report. The 2007financial year was characterised by strong qualitative growth for DIC AssetAG with exceptional increases in income and profitability. The publicationof our results for the first three quarters of 2007 set this trend and thefourth quarter has confirmed it.According to provisional figures, profit after tax and depreciation for thefinancial year 2007 will lie in the target band and will exceed EUR 36million, which is clearly more than twice the profit made in 2006. Thisexcellent result is the product of a number of sources: stable rentalincomes from a substantially increased property portfolio, profits fromproperty sales as well as profit from opportunistic co-investments.Total revenues in the 2007 financial year will amount to some EUR 230million and will consequently be more than double the figure for 2006. Theearnings before depreciation and consequently the operating profit willamount to some EUR 55 million.The DIC Asset AG Management Board and Supervisory Board will propose adividend at the annual general meeting, which will take place on 14 May2008. This dividend will be based on the operating profit and should amountto at least EUR 1.60 per share. Compared with the previous year (2006: EUR0.75 per share) the objective will thus be to increase the dividend paymentto more than double.The annual report will be probably published on 18 March 2008.DIC Asset AG/Investor RelationsStephan GramkowGrünhof · Eschersheimer Landstraße 22360320 Frankfurt am MainTel. (0 69) 9 45 48 58-39ir@dic-asset.de21.01.2008  Financial News transmitted by DGAP---------------------------------------------------------------------- Language:     EnglishIssuer:       DIC Asset AG              Eschersheimer Landstr. 223              60320 Frankfurt              DeutschlandPhone:        +49 69 9454858-0Fax:          +49 69 9454858-99E-mail:       info@dic-asset.deInternet:     www.dic-asset.deISIN:         DE0005098404WKN:          509840Indices:      S-DAXListed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, München, Stuttgart, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------