Brief: PSP Swiss Property FY EBITDA Excluding Gains/Losses On Real Estate Investments At CHF 271.1 Mln

PSP Swiss Property AG

23/02/2021 06:15

Feb 23 (Reuters) - PSP SWISS PROPERTY AG  PSPN.S :
    * ANNUAL RESULTS AS PER 31 DECEMBER 2020
    * FY EPS 6.37 CHF VERSUS 9.89 CHF YEAR AGO
    * FY EBITDA EXCLUDING GAINS/LOSSES ON REAL ESTATE
INVESTMENTS OF
CHF 271.1 MILLION AND VACANCIES OF 3.0% ARE IN LINE WITH
GUIDANCE OF COMPANY.
    * FY NET INCOME EXCLUDING GAINS/LOSSES ON REAL ESTATE
INVESTMENTS
WAS CHF 215.8 MILLION; THIS CORRESPONDS TO AN INCREASE OF CHF
0.6 MILLION OR 0.3% COMPARED TO PREVIOUS YEAR (2019: CHF 215.2
MILLION)
    * FY RENTAL INCOME INCREASED BY CHF 5.8 MILLION TO CHF 296.3
MILLION (2019: CHF 290.5 MILLION)
    * FOR 2021 BUSINESS YEAR, WE EXPECT A SLIGHTLY HIGHER EBITDA
EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS OF AROUND CHF
275 MILLION (2020: CHF 271.1 MILLION)
    * FOR BUSINESS YEAR 2020, BOARD OF DIRECTORS PROPOSES AN
INCREASE
IN ORDINARY DIVIDEND PAYMENT TO CHF 3.65 PER SHARE (PREVIOUS
YEAR: CHF 3.50)

Source text for Eikon:  ID:nEQ1Y3Z55a 
Further company coverage:  PSPN.S 

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