September 1, 2017 / 3:43 PM / 4 months ago

BRIEF-Lloyd Fonds AG lowers FY net profit forecast

Sept 1 (Reuters) - LLOYD FONDS AG:

* DGAP-ADHOC: LLOYD FONDS AG SCALING BACK FORECAST FOR 2017

* LOWERED FORECAST FOR ITS CONSOLIDATED NET PROFIT FOR 2017, WHICH IT NOW EXPECTS TO BE LOWER THAN IN PREVIOUS YEAR

* OUTLOOK 2017: NOW PROJECTS NET PROFIT FOR YEAR OF AROUND TWO MILLION EUROS

* ASSUMES THAT MAJOR PROJECTS CURRENTLY STILL IN PIPELINE WILL BE EXECUTED NEXT YEAR

* CONSOLIDATED NET PROFIT FOR PERIOD ENDING JUNE 30, 2017 IS EXPECTED TO COME TO ONE MILLION EUROS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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