Lübke Kelber AG Publishes Half-Year Report 2024

Frankfurt a. M., 30 September 2024 - Lübke Kelber AG has released its half-year business figures for 2024. The holding company, which operates through its subsidiary, Dr. Lübke & Kelber GmbH, generated EUR 470 thousand in other operating income, mainly from an agency and service agreement. Personnel expenses rose significantly to EUR 461 thousand, making it the largest cost item. The net loss for the period was reduced to EUR -187 thousand from EUR -240 thousand the previous year.

The company's equity increased markedly to EUR 17.7 million, resulting in an equity ratio of 73%. This boost in equity is attributed to a non-cash capital increase involving its operating business. Despite a difficult market, the subsidiary recorded a negative pre-tax result of EUR -1.2 million.

Looking ahead, a promising project pipeline suggests that the transaction business may improve in the second half of the year. Lübke Kelber AG anticipates positive earnings before taxes for the entire year, driven by investment income.

The half-year report is available at https://luebke-kelber-ag.de/investment-highlights#finanzpublikationen.