Brief: Zug Estates Holding H1 Net Income Excluding Income From Revaluation At CHF 14.8 Mln

Zug Estates Holding AG

31/08/2018 05:57

Aug 31 (Reuters) - ZUG ESTATES HOLDING AG  ZUGN.S :
    * H1 PROPERTY INCOME GREW BY 12.6% YEAR-ON-YEAR TO CHF 23.4
MILLION (1H 2017: CHF 20.8 MILLION)
    * H1 OPERATING INCOME INCREASED FROM CHF 19.6 MILLION TO CHF
21.7
MILLION (+10.6%)
    * H1 EBIT AMOUNTED TO CHF 23.4 MILLION
    * H1 NET INCOME EXCLUDING INCOME FROM REVALUATION GREW BY A
SIGNIFICANT 13.2% TO CHF 14.8 MILLION
    * SEES FY 2018 SLIGHT IMPROVEMENT IN OPERATING INCOME BEFORE
DEPRECIATION AND REVALUATION
    * OUTLOOK 2018: FORECASTING AN INCREASE IN RENTAL INCOME

Source text for Eikon:  ID:nTENue60aa 
Further company coverage:  ZUGN.S 

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