Brief: Plazza Immobilien FY Profit Up 39 Pct To CHF 23.6 Million

Plazza AG

22/03/2019 06:06

March 22 (Reuters) - Plazza AG  PLANZ.S :
    * FY PROFIT INCREASED BY 39% TO CHF 23.6 MILLION, ALSO DUE
TO THE
REVALUATION SUCCESS
    * FY OPERATING RESULT UP 53% ON THE PREVIOUS YEAR TO CHF
16.4
MILLION
    * FOR THE YEAR 2019, A FURTHER INCREASE IN REAL ESTATE
INCOME OF
AROUND 15% IS EXPECTED.
    * EXPECTED 2019 INCREASE IN EARNINGS BEFORE REVALUATION AND
DEPRECIATION IS ON THE ORDER OF 10% COMPARED TO 2018
    * DIVIDEND OF CHF 5.00 PER REGISTERED SHARE A AND CHF 1.00
PER
REGISTERED SHARE B

Source text: https://bit.ly/2TTXro7
Further company coverage:  PLANZ.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))