Saturday 25 February 2017

DBAG annual report 2016

DBAG, annual, 2016, report

As always please make sure that you are viable to read the report that can be found in full here. To read the previous summary please go to DBAG annual report 2015 or why not visit the analysis of DBAG 2016.

As can be seen in the report below DBAG is doing well. Their investments are thriving and they are selling them off at good valuations when the opportunity appears. The net income is doubled compared to 2015 and the EPS was up at 3.65 €. They used to have a very low dividend payment that was each year increased according to their earnings but now they have stopped this and they will only pay out 1.2 € which is still pretty ok.

DBAG, financial statement, 2016

Conclusion: DBAG is doing very well selling off their holdings to for instance Tesla. This year appears to be an excellent year for DBAG with massive EPS increases even though they are handing out a lot of shares. I will remain as shareholder in DBAG.

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