March 22, 2019 / 6:14 AM / 3 months ago

BRIEF-Plazza Immobilien FY Profit Up 39 Pct To CHF 23.6 Million

March 22 (Reuters) - Plazza AG:

* FY PROFIT INCREASED BY 39% TO CHF 23.6 MILLION, ALSO DUE TO THE REVALUATION SUCCESS

* FY OPERATING RESULT UP 53% ON THE PREVIOUS YEAR TO CHF 16.4 MILLION

* FOR THE YEAR 2019, A FURTHER INCREASE IN REAL ESTATE INCOME OF AROUND 15% IS EXPECTED.

* EXPECTED 2019 INCREASE IN EARNINGS BEFORE REVALUATION AND DEPRECIATION IS ON THE ORDER OF 10% COMPARED TO 2018

* DIVIDEND OF CHF 5.00 PER REGISTERED SHARE A AND CHF 1.00 PER REGISTERED SHARE B Source text: bit.ly/2TTXro7 Further company coverage: (Gdynia Newsroom)

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