Brief: CA Immobilien Anlagen H1 Consolidated Net Income Up At EUR 220.1 Mln

CA Immobilien Anlagen AG

24/08/2022 17:36

Aug 24 (Reuters) - CA IMMOBILIEN ANLAGEN AG  CAIV.VI :
    * H1 STABLE RENTAL INCOME (+1.0% TO €121.1 M) REFLECTS
RECENT
PORTFOLIO ADDITIONS AND ORGANIC GROWTH DESPITE PROPERTY SALES
    * H1 CONSOLIDATED NET INCOME OF €220.1 M, UP 28.5%
YEAR-ON-YEAR
    * H1 RECURRING EARNINGS (FFO I) INCREASED BY 7.9% TO €73.9 M
COMPARED TO PREVIOUS YEAR
    * ANNUAL TARGET 2022: RECURRING EARNINGS (FFO I) OF MORE
THAN €125
M
    * H1 EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND
AMORTISATION (EBITDA) WERE ROBUST AT €93.2 M
    * AT €269.2 M, H1 OPERATING RESULT (EBIT) WAS BELOW THE
COMPARABLE
VALUE OF THE PREVIOUS YEAR (30.6.2021: €310.8 M)
    * H1 CONSOLIDATED NET INCOME OF €220.1 M WAS SIGNIFICANTLY
ABOVE
THE PREVIOUS YEAR'S VALUE OF €171.3 M

Source text for Eikon:  ID:nPexQtVkCa 
Further company coverage:  CAIV.VI 

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