FRANKFURT (dpa-AFX) - Deutsche Beteiligungs AG (DBAG) expects a previously unplanned contribution to earnings following the sale of an investment. As the proceeds from the sale of the stake in In-tech GmbH exceed the fair value, a contribution to earnings of around 13 million euros is expected in the second quarter (until the end of March), the company, which is listed in the small cap index SDax, announced on Thursday. However, the forecasts for the 2023/2024 financial year remain unchanged. The shares rose slightly further on the news, most recently trading up 1.1 percent.

In addition to the transaction, the consolidated result for the second financial quarter could be influenced by further positive or negative effects from the valuation of the other portfolio companies and other findings in the course of the reporting process, the company added. The business figures are to be published on May 8.

According to the company, a comparison with the result for the same quarter of the previous year, with a consolidated result of 40.9 million euros, will only be of limited significance. This is because the second quarter of the last financial year was characterized by significant catch-up effects on the capital markets./mis/jha/