Brief: Immofinanz AG H1 Net Profit EUR 163 Mln

CPI Europe AG

24/08/2022 16:54

Aug 24 (Reuters) - IMMOFINANZ AG  IMFI.VI :
    * WITH VERY GOOD FIRST HALF-YEAR IN 2022: FFO 1 INCREASES BY
6%,
NET PROFIT REACHES EUR 163 MILLION
    * H1 NET PROFIT 163 MILLION EUR
    * H1 RENTAL INCOME STABLE YEAR-ON-YEAR, PLUS 4.2% AFTER
ADJUSTMENT
FOR NON-RECURRING EFFECT
    * H1 NET PROFIT EQUALLED EUR 162.7 MILLION, WHEREBY FIRST
HALF OF
PREVIOUS YEAR WAS INFLUENCED, ABOVE ALL, BY A SUBSTANTIAL
REVALUATION TO INVESTMENT IN S IMMO
    * H1 EBIT AT EUR 131.0 MILLION
    * FFO 1 BEFORE TAX IS EXPECTED TO REACH GOOD PRIOR YEAR
LEVEL OF
ROUGHLY EUR 120 MILLION FOR FULL 12 MONTHS OF 2022

Source text for Eikon:  ID:nEQ2zQHwwa 
Further company coverage:  IMFI.VI 

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