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BRIEF-Zug Estates H1 property income grows 5.4% yoy to CHF 20.8 mln
2017年9月1日 / 凌晨5点14分 / 3 个月前

BRIEF-Zug Estates H1 property income grows 5.4% yoy to CHF 20.8 mln

Sept 1 (Reuters) - ZUG ESTATES HOLDING AG:

* NET INCOME EXCLUDING INCOME FROM REVALUATION INCREASES BY 7.9% TO CHF 13.0 MILLION (FIRST HALF 2016: CHF 12.1 MILLION)

* H1 PROPERTY INCOME GROWS 5.4% YEAR-ON-YEAR TO CHF 20.8 MILLION (FIRST HALF 2016: CHF 19.7 MILLION)

* H1 NET INCOME EXCLUDING REVALUATION WAS UP BY 7.9% TO CHF 13.0 MILLION

* H1 EBIT AND NET INCOME WERE DOWN ON PREVIOUS YEAR‘S FIGURES AT CHF 26.1 MILLION AND CHF 20.0 MILLION RESPECTIVELY

* FOR YEAR AS A WHOLE, WE EXPECT OPERATING INCOME BEFORE DEPRECIATION AND REVALUATION TO BE AT PREVIOUS YEAR‘S LEVEL

* ‍IN 2017 WE ARE PROJECTING A TOTAL INVESTMENT VOLUME OF APPROXIMATELY CHF 160 MILLION, INCLUDING PROMOTIONAL PROPERTY​

* NET INCOME EXCLUDING REVALUATION IS EXPECTED TO BE HIGHER THAN IN PREVIOUS YEAR IN FY Source text - bit.ly/2eJGQgf Further company coverage: (Gdynia Newsroom)

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