Brief: CA Immobilien Full Year EBITDA Increased to EUR 322.1 Mln

CA Immobilien Anlagen AG

20/03/2024 17:23

March 20 (Reuters) - CA IMMOBILIEN ANLAGEN AG  CAIV.VI :
    * STRONG OPERATING RESULT IN A CHALLENGING MARKET
ENVIRONMENT IN
2023
    * FY HIGHER RENTAL INCOME AND PROFITABLE SALES LEAD TO 115%
INCREASE IN EBITDA
    * FY INCREASED RENTAL INCOME (+8% TO €231.4M)
    * FY THE OPERATING RESULT (EBITDA) INCREASED BY 115% TO
€322.1M
(31.12.2022: €149.5M)
    * FY CONSOLIDATED NET PROFIT OF €–224.5M (€–2.28 PER SHARE)
    * FY RECURRING EARNINGS (FFO I) OF €113.8M
    * FY FFO II (INCL. PROPERTY SALES RESULT) CLIMBED TO €244.7M
(+102% YOY)
    * MANAGEMENT BOARD WILL PROPOSE A DIVIDEND PAYMENT OF €0.80
PER
SHARE AT THE ANNUAL GENERAL MEETING TO BE HELD ON MAY 2, 2024
    * FY GERMAN PORTFOLIO SHARE UP TO 66%
    * FY OFFICE PORTFOLIO SHARE UP TO 94%
    * SAYS WELL POSITIONED TO EMERGE STRONGER AND WELL PREPARED
FOR
FUTURE GROWTH WHEN THE REAL ESTATE MARKETS RECOVER AGAIN

Further company coverage:  CAIV.VI 

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