Brief: PSP Swiss Property Q1 Net Income Excluding Gains/Losses On Real Estate Investments At CHF 61.8 Mln

PSP Swiss Property AG

30/04/2021 06:05

April 30 (Reuters) - PSP SWISS PROPERTY AG  PSPN.S :
    * QUARTERLY RESULTS AS PER 31 MARCH 2021
    * QUARTERLY EPS 1.94 CHF VERSUS 1.04 CHF YEAR AGO
    * Q1 NET INCOME EXCLUDING GAINS/LOSSES ON REAL ESTATE
INVESTMENTS
OF CHF 61.8 MILLION
    * Q1 HIGHER RENTAL INCOME (+ CHF 3.4 MILLION) AND HIGHER
INCOME
FROM SALE OF PROJECT DEVELOPMENTS AND CONDOMINIUMS (+ CHF 12.4
MILLION)
    * FOR 2021 BUSINESS YEAR, WE CONTINUE TO EXPECT AN EBITDA
EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS OF AROUND CHF
275 MILLION (2020: CHF 271.1 MILLION)
    * SEES 2021 RATE OF AROUND 4.5% AT YEAR-END 2021 (END OF
MARCH
2021: 3.1%)

Source text for Eikon:  ID:nEQ4Y3lmSa 
Further company coverage:  PSPN.S 

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