Brief: InCity Immobilien FY Net Loss Widens To EUR 2.3 Million

InCity Immobilien AG

25/04/2018 11:43

April 25 (Reuters) - InCity Immobilien AG  IC8Gn.DE :
    * RESULTS ON TARGET FOR 2017 - PROPERTY PORTFOLIO EXPANDED
FURTHERAG:
    * NET LOSS FOR YEAR AMOUNTED TO EUR -2.3M AFTER A LOSS OF
EUR
-228K IN PRIOR YEAR
    * FY EBITDA AT APPROXIMATELY EUR 1.2M WAS LOWER COMPARED TO
PRIOR
YEAR (EUR 2.6M)
    * FOR CURRENT FY SEES LOSS OF EUR -1.9M TO EUR -2.3M AT
CONSOLIDATED FINANCIAL STATEMENT LEVEL
    * OUTLOOK 2018: AIMING FOR A PROFIT OF UP TO EUR 400K AT
SINGLE-ENTITY FINANCIAL STATEMENT LEVEL
    * FY EBIT ROSE TO EUR -99K (PRIOR YEAR: EUR -737K)

Source text for Eikon:  ID:nEQ1VhbJfa 
Further company coverage:  IC8Gn.DE 

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