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RSS FeedsCA Immo achieves record result - Consolidated net income increased by 29%
(World News Austria)

 
 

26 march 2020 04:21:10

 
CA Immo achieves record result - Consolidated net income increased by 29%
(World News Austria)
 


o Recurring earnings (FFO I) up 13% on last year to EUR 133.3 m (EUR 1.43 per share); annual target of at least EUR 125 m solidly exceeded o Rental income increased by 15% to EUR 220.7 m (2018: EUR 192.4 m) o High revaluation result of EUR 462.8 m reflects profitable development activity (three project completions in 2019) and excellent market environment, especially in Germany o Highest consolidated net profit in the company`s history at EUR 393.3 m (+29%) o Property assets increased by 16% to EUR 5.2 bn driven by strong organic growth o Return on equity up to 14.0% (2018: 12.1%) o EPRA NAV per share at EUR 38.37 (+15%) CA Immo presents another extraordinarily good result for the year as a whole. With a...


 
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