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RSS FeedsIMMOFINANZ with earnings jump after three quarters: Net profit rises to EUR 135.0 million
(World News Austria)

 
 

28 november 2018 19:01:25

 
IMMOFINANZ with earnings jump after three quarters: Net profit rises to EUR 135.0 million
(World News Austria)
 


(28.11.2018) o Results of operations more than double to EUR 149.7 million (Q1-3 2017: EUR 66.2 million) o FFO 1 (excl. CA Immo) reaches EUR 63.0 million (+100.0%) or EUR 0.57 per share o Robust balance sheet: net LTV of 35.9%, liquidity rises to EUR 685.4 million, financing costs reduced to 1.8% (excl. derivatives) o Further measures to optimise financing structure include plans to issue bonds (Eurobonds) o Outlook confirmed for FFO 1 of over EUR 100.0 million in 2019 IMMOFINANZ has remained on a sound course in the 2018 financial year: In the first three quarters, the results of operations more than doubled year-on-year to EUR 149.7 million (Q1-3 2017: EUR 66.2 million), sustainable FFO 1...


 
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