Brief: Zug Estates FY Net Income Down 29 Pct To CHF 34.4 Mln

Zug Estates Holding AG

09/03/2018 06:08

March 9 (Reuters) - Zug Estates Holding AG  ZUGN.S :
    * FY OPERATING REVENUE (EXCLUDING REVALUATION) CHF 62.9 MILLION, UP 2.7%
    * FY NET INCOME CHF 34.4 MILLION, DOWN 28.9%
    * FY EBIT CHF 45.7 MILLION, DOWN 28.4%
    * TO PROPOSE THAT PAYOUT BE INCREASED BY 10.9% TO CHF 25.50 PER SERIES B REGISTERED SHARE
    * OUTLOOK 2018: ANTICIPATES YOY INCREASE IN NET INCOME  EXCLUDING INCOME FROM REVALUATION

Source text for Eikon:  ID:nTENt136ga 
Further company coverage:  ZUGN.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))