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CA Immobilien Anlagen AG

Earnings Release Jan 30, 2024

738_iss_2024-01-30_e98dddb0-d5dc-4e34-a2d2-cd6be6ef7cbf.pdf

Earnings Release

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News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0

Publication: 30.01.2024 18:00 Source: https://www.pressetext.com/news/20240130033 Keywords: CA Immobilien Anlagen AG / CA Immo / Revaluation / Property revaluation

Public disclosure of inside information according to article 17 MAR

CA Immobilien Anlagen AG: Net property revaluation loss for financial year 2023 of around EUR 530 million

Wien (pta033/30.01.2024/18:00 UTC+1)

Vienna, 30.01.2024. Based on independent external appraisals, CA Immobilien Anlagen AG ("CA Immo") expects a net property revaluation loss of around EUR 375 million for the fourth quarter of 2023 due to a continued weak market environment. For the 2023 financial year, the net property revaluation loss amounts to around EUR 530 million (around EUR -5.4 per share). Despite a very successful operating year with an expected EBITDA of more than EUR 300 million, due to the net property revaluation loss, a consolidated net result of around EUR -230 million is expected for the 2023 financial year.

The full-year results will be published on 20 March 2024.

CA Immobilien Anlagen AG
Mechelgasse 1
1030 Wien
Austria
Christoph Thurnberger
+43 1 532 5907 504
[email protected]
www.caimmo.com
AT0000641352 (Share)
Vienna Stock Exchange (Official Trade)

News transmitted by pressetext. The emitter is responsible for the content.

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