Brief: UBM Development FY Net Profit At EUR 43.7 Mln

UBM Development AG

08/04/2022 06:00

April 8 (Reuters) - UBM DEVELOPMENT AG  UBMV.VI :
    * FY 2021 REVENUE ROSE BY 51.8% TO EUR 278.3M WHILE TOTAL
OUTPUT
REMAINED GENERALLY STABLE AT EUR 471.0M
    * TO PROPOSE A RECORD DIVIDEND OF EUR 2.25 PER SHARE (2020:
EUR
2.20) TO ANNUAL GENERAL MEETING
    * BOARD OF UBM WILL THEREFORE PROPOSE A RECORD DIVIDEND OF
EUR
2.25 PER SHARE (2020: EUR 2.20) TO ANNUAL GENERAL MEETING
    * UBM DEVELOPMENT-HAS NO BUSINESS COMMITMENTS IN COUNTRIES
INVOLVED IN WAR
    * MUST THEREFORE WAIVE ISSUING A GUIDANCE FOR TIME BEING AND
CAN
ONLY REFER TO ITS CRISIS-PROOF BALANCE SHEET POSITION
    * FY NET PROFIT REACHED SECOND HIGHEST LEVEL IN UBM'S NEARLY
150-YEAR HISTORY AT EUR 43.7M

Source text for Eikon:  ID:nPexddhPfa 
Further company coverage:  UBMV.VI 

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