Brief: InCity Immobilien FY Group EBITDA At EUR 5.5 Mln

InCity Immobilien AG

28/04/2022 07:43

April 28 (Reuters) - INCITY IMMOBILIEN AG  IC8Gn.DE :
    * INCITY CLOSES FISCAL YEAR 2021 WITH GROUP PROFIT OF EUR
1.0 M -
NET ASSET VALUE INCREASES SIGNIFICANTLY
    * NET INCOME FOR YEAR OF EUR 1.0 M FOR GROUP AND OF EUR 2.1
M FOR
SINGLE-ENTITY FINANCIAL STATEMENTS
    * FY TOTAL EBITDA OF INCITY GROUP AMOUNTED TO APPROXIMATELY
EUR
5.5 MLN
    * OUTLOOK 2022: EXPECTS A NET LOSS FOR YEAR OF BETWEEN EUR
-2.5 M
AND EUR -3.0 M AT GROUP LEVEL DUE TO REDUCTIONS IN EARNINGS AS A
RESULT OF ORDINARY HGB DEPRECIATION ON PROPERTY

Source text for Eikon:  ID:nEQZ4lD6a 
Further company coverage:  IC8Gn.DE 

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