Investeringsselskabet Luxor A/S
Interim Report at 31. December 2008
Investeringsselskabet Luxor A/S / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- The Supervisory Board of Investeringsselskabet Luxor A/S has today adopted the Interim Report as at 31 December 2008. The Group's results before tax for the first quarter show a loss of DKK 343.6 million (DKK -100.9 million); after tax the Group's results show a loss of DKK 283.6 (DKK -102.2 million). The results are influenced by negative fair value adjustments and realised losses on securities of DKK 285.0 million (DKK -150.6 million). Fair value adjustments of fixed-rate debt to credit institutions, interest swaps and mortgage debt relating to interest rate hedging are affected negatively by DKK 21.2 million (DKK -1.0 million) due to lower market rates. Basic earnings have been reduced from DKK 6.5 million to DKK 3.2 million as a conse-quence of higher losses and provisions on mortgage deeds. Due to negative fair value adjustments, primarily relating to interest rate hedging, the ex-pected results for the year before tax are adjusted from a loss of DKK 260 - 280 million to a loss of DKK 300 - 325 million. Basic earnings for the year are expected to amount to an un-changed DKK 40 - 45 million. News Source: NASDAQ OMX 12.03.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Investeringsselskabet Luxor A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010213628 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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