PPF Group N.V. reports its audited consolidated financial results for the six months ended 30 June 2019 under IFRS
At the end of the first half of 2019, PPF Group’s total assets exceeded EUR 47 billion and its net profit for the first half of 2019 reached EUR 573 million.
Key performance indicators:
- As at the end of the first half of 2019, PPF Group’s assets exceeded EUR 47 billion, (EUR 45 billion as at 31 December 2018).
- As at 30 June 2019, equity attributable to shareholders amounted to EUR 8.3 billion (EUR 7.5 billion as at 31 December 2018).
- Net profit for the first half of 2019 reached EUR 573 million, (net profit for the first half of 2018 amounted to EUR 220 million).
Notes for editors
PPF Group invests in multiple market segments such as financial services, telecommunications, biotechnology, real estate, and mechanical engineering. PPF Group’s reach spans from Europe to the USA and across Asia, owning assets worth over EUR 47 billion (as at 30 June 2019).
As at 30 June 2019, PPF Group employed almost 160,000 people globally, while its companies based in the Czech Republic employed almost 15,000.
Condensed interim consolidated financial statements for the six months ended 30 June 2019 are available on the Group’s website: www.ppf.eu/en/financial-reports