Brief: S Immo H1 Total Revenues Up At EUR 161.4 Mln

S IMMO AG

30/08/2023 07:49

Aug 30 (Reuters) - S IMMO AG  SIAG.VI :
    * H1 TOTAL REVENUES UP CONSIDERABLY AT EUR 161.4M
    * GROSS PROFIT UP MORE THAN 35% AT EUR 86.0M
    * INCREASE IN RENTAL INCOME TO EUR 93.9M
    * H1 VALUATION RESULT OF EUR -80.8M DUE TO MARKET CONDITIONS
    * INTENDS TO CONTINUE PURSUING STRATEGIES TO OPTIMISE
PORTFOLIO
THROUGH SMART ASSET MANAGEMENT AND INVESTMENT IN HIGHER-YIELDING
PROPERTIES, ALL WHILE MAINTAINING A CONSERVATIVE CAPITAL
STRUCTURE.
    * H1 EBITDA AT  68.1 MILLION

Source text for Eikon:  ID:nPexbT198a 
Further company coverage:  SIAG.VI 

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