DF Deutsche Forfait AG announced preliminary consolidated earnings results for the first quarter of 2012. For the quarter, the company reported profit of EUR 0.7 million, a 15 % rise year-on-year. The continuing positive general conditions in the forfaiting market as well as a stabilizing cost side were the main reasons for this positive business performance. At EUR 3.3 million, the gross result including financial results, the key performance figure for success in the forfaiting business, was slightly up on the prior year figure of EUR 3.2 million. The group continues to expect clearly positive consolidated profit in full year 2012.