Brief: Implenia Expects The Real Estate Division To Make Significant Contribution To Profits For FY 2022

Implenia AG

30/06/2022 06:08

June 30 (Reuters) - IMPLENIA AG  IMPN.S :
    * IMPLENIA IS ON TRACK FOR PROFITABLE AND SUSTAINABLE GROWTH
    * THE 2022 FINANCIAL YEAR IS DEVELOPING BETTER THAN EXPECTED
    * THE PLANNED STRENGTHENING OF THE EQUITY BASE FOR THE FULL
YEAR
BY CHF 80 MILLION WILL BE EXCEEDED
    * THE GROUP IS EXPECTED TO REALIZE AN OPERATING PERFORMANCE
AT
EBIT LEVEL OF AT LEAST CHF 80 MILLION ALREADY IN THE FIRST HALF
OF 2022 (HY1.2021: CHF 40 MILLION)
    * PREVIOUSLY, IMPLENIA EXPECTED FULL-YEAR 2022 EBIT OF >CHF
120
MILLION AND OPERATING PERFORMANCE AT EBIT LEVEL >CHF 100 MILLION
(ESTIMATED SHARE OF POSITIVE ONE-OFF EFFECTS FROM TRANSFORMATION
<20%)
    * ALL DIVISIONS ARE EXPECTED TO MAKE AN IMPROVED
CONTRIBUTION TO
EARNINGS THIS YEAR
    * IMPLENIA EXPECTS THE REAL ESTATE DIVISION TO MAKE A
SIGNIFICANT
CONTRIBUTION TO PROFITS FOR THE FULL YEAR 2022
    * IN THE CURRENT CHALLENGING ENVIRONMENT, THE GROUP IS
PURSUING
ACTIVE, FORWARD-LOOKING CONTRACT AND PROCUREMENT MANAGEMENT OF
THE SUPPLY CHAINS AS WELL AS THE AVAILABILITY AND COST OF
CONSTRUCTION MATERIALS FOR ITS CUSTOMERS IN THE PROJECTS

Source text for Eikon:  ID:nEQFddGGa 
Further company coverage:  IMPN.S 

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