Brief: PSP Swiss Property 9-Month Net Income At CHF 284 Mln

PSP Swiss Property AG

08/11/2022 06:04

Nov 8 (Reuters) - PSP SWISS PROPERTY AG  PSPN.S :
    * PSP SWISS PROPERTY REPORTS VERY POSITIVE QUARTERLY RESULTS
AND A
SOLID OUTLOOK. IMPROVED VACANCY RATE GUIDANCE. GREEN BOND
FRAMEWORK FOR ALL BONDS.
    * NINE MONTHS EARNINGS PER SHARE 6.19 CHF
    * PSP SWISS PROPERTY REPORTS VERY POSITIVE QUARTERLY RESULTS
AND A
SOLID OUTLOOK
    * VALUE OF PORTFOLIO WAS CHF 9.383 BILLION (END OF 2021: CHF
9.127
BILLION)
    * 9-MONTH NET INCOME EXCLUDING GAINS/LOSSES ON REAL ESTATE
INVESTMENTS OF CHF 181.3 MILLION
    * 9-MONTH OPERATING EXPENSES DECREASED BY CHF 0.2 MILLION TO
CHF
43.0 MILLION
    * EARNINGS PER SHARE EXCLUDING GAINS/LOSSES ON REAL ESTATE
INVESTMENTS, WHICH IS BASIS FOR DIVIDEND DISTRIBUTION, AMOUNTED
TO CHF 3.95
    * 9-MONTH NET INCOME REACHED CHF 284.0 MILLION (Q1-Q3 2021:
CHF
431.0 MILLION)
    * OR 2022 BUSINESS YEAR, WE STILL EXPECT AN EBITDA EXCLUDING
GAINS/LOSSES ON REAL ESTATE INVESTMENTS OF CHF 290 MILLION
(2021: CHF 278.8 MILLION)
    * REGARDING VACANCIES, WE NOW EXPECT A RATE OF BELOW 3.5% AT
YEAR-END 2022

Source text for Eikon:  ID:nEQ6DY4Wta 
Further company coverage:  PSPN.S 
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