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S Immo AG — Earnings Release 2016
May 18, 2016
758_iss_2016-05-18_4bbb7bcd-232f-46bc-bc0e-7f3d622acf20.pdf
Earnings Release
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EANS-Adhoc: S IMMO AG / Consolidated net income of approximately EUR 27m expected for the first quarter 2016
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Earnings Forecast
In particular due to a high result on property valuation of its Berlin residential portfolio S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250, AT0000795737, AT0000630694, AT0000A19SB5, AT0000A177D2, AT0000A1DBM5, AT0000A1DWK5) expects consolidated EBIT for the first quarter to amount to approximately EUR 55m (Q1 2015: EUR 18.6m) and consolidated net income for the period to approximately EUR 27m (Q1 2015: EUR 8.1m) thus significantly exceeding the corresponding previous year's figures.
The final results for the first quarter 2016 will be published on 24 May 2016.
Further inquiry note: Investor Relations: Andreas J. Feuerstein phone: +43 (0)50 100-27556 mobile: +43 (0)50 100 6-27556 e-mail: [email protected] issuer: S IMMO AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: [email protected] WWW: www.simmoag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, IATX stockmarkets: official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service