Comdirect bank AG: Pre-tax profit expectation for 2019 raised to more than EUR185m after significant increase in group pre-tax profit for the third quarter of 2019

DGAP-Ad-hoc: comdirect bank AG / Key word(s): Change in Forecast comdirect bank AG: Pre-tax profit expectation for 2019 raised to more than EUR185m after significant increase in group pre-tax profit for the third quarter of 2019 08-Oct-2019 / 12:25 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Ad-hoc release according to Art 17 MAR Quickborn, 8 October 2019. comdirect bank AG* anticipates a pre-tax profit of approximately EUR175m based on preliminary numbers for the first nine months of 2019. Therefore, the expected group pre-tax profit for the full year improves to more than EUR185m (previous expectation: more than EUR170m before tax). The reason for the adjustment of the expectation is the strong preliminary pre-tax profit from continuing activities of approximately EUR30m in the third quarter of 2019. As a result of increased total income and decreased administrative expenses, the operating profit was significantly higher than in previous quarters. In addition, a higher result from discontinued activities was achieved. * Admitted to the Regulated Market on the Frankfurt stock exchange Contact: Heike Schmitz, Head of Finance, Controlling & Investor Relations [phone], [e-mail] 08-Oct-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	comdirect bank AG
	Pascalkehre 15
	25451 Quickborn
	Germany
Phone:	+ 49 (0) 4106/704-0
Fax:	+ 49 (0) 4106/708-2580
E-mail:	[e-mail]
Internet:	www.comdirect.de
ISIN:	DE0005428007
WKN:	542800
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	886943

End of Announcement	DGAP News Service

886943  08-Oct-2019 CET/CEST