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PEAN - Peach Property AG News Story

CHF63 0.6  1.0%

Last Trade - 23/09/21

Sector
Financials
Size
Mid Cap
Market Cap £740.2m
Enterprise Value £1.98bn
Revenue £270.0m
Position in Universe 444th / 1057

BRIEF-Peach Property Group FY Earnings After Taxes Up At CHF 127.3 Million

Tue 30th March, 2021 6:15am
March 30 (Reuters) - PEACH PROPERTY GROUP AG  PEAN.S :
    * FY RENTAL INCOME UP TO CHF 54.7 MILLION (PREVIOUS YEAR
APPROX.
CHF 39 MILLION)
    * FINAL RESULTS FOR 2020 FINANCIAL YEAR CORRESPOND TO
PRELIMINARY
FIGURES REPORTED ON FEBRUARY 9, 2021
    * BOARD OF DIRECTORS PROPOSES PAYMENT OF A DIVIDEND OF CHF
0.30
PER SHARE
    * FY EARNINGS AFTER TAXES UP BY 40 PERCENT TO CHF 127.3
MILLION
(PREVIOUS YEAR: CHF 91.0 MILLION)
    * OUTLOOK 2021: STRONG GROWTH IN RENTAL INCOME OF AROUND 75
PERCENT TO MORE THAN CHF 95 MILLION AND FURTHER INCREASES IN
OPERATING MARGIN ARE EXPECTED
    * 2021 FURTHER STRONG GROWTH IN RENTAL INCOME OF AROUND 75
PERCENT
TO MORE THAN CHF 95 MILLION AND FURTHER INCREASES IN OPERATING
MARGIN ARE EXPECTED

Source text for Eikon:  ID:nPex4yZH5a 
Further company coverage:  PEAN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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