August 29, 2019 / 5:29 AM / 21 days ago

BRIEF-Intershop Holding H1 Net Profit Rose To CHF 41.9 Million

Aug 29 (Reuters) - Intershop Holding AG:

* H1 NET PROFIT ROSE TO CHF 41.9 MILLION, OR CHF 21.77 PER SHARE, WHICH EQUATES TO A RETURN ON EQUITY OF 12.7%.

* SALES-RELATED DECLINE IN RENTAL INCOME IS EXPECTED TO DECLINE FURTHER IN SECOND HALF OF YEAR

* SHOULD BE POSSIBLE TO FURTHER REDUCE VACANCY RATE IN H2

* ACQUISITIONS WILL CONTINUE TO BE UNDERTAKEN WHEN SUSTAINABLE ADDED VALUE CAN BE GENERATED

* H1 RENTAL INCOME DECLINED BY 4.2% TO CHF 41.9 MILLION Source text - bit.ly/2LcYkkt Further company coverage: (Gdynia Newsroom)

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