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- 20.11.2019 17:35:00
IMMOFINANZ: Net profit more than doubles to EUR 185.3 million in the first half of 2019
The strong earnings development recorded by IMMOFINANZ in the previous year continued during the first half of 2019. Rental income rose by 10.8% (including the effects from the initial application of IFRS 16) to EUR 131.8 million. After an adjustment for the IFRS 16 effects, the increase equalled 4.2%. The results of asset management increased 6.6% to EUR 101.0 million, the operating profit (EBIT) rose by 63.9% to EUR 203.4 million and sustainable FFO 1 (before tax) from the standing investment business improved by 22.0% to EUR 59.0 million. Net profit more than doubled to EUR 185.3 million.
Click here for the video presentation of the Group results for the first half of the year.
as of 30 June 2019
as of 30 June 2019
as of 30 June 2019
as of 30 June 2019
per share, as of 30 June 2019
per share, as of 30 June 2019
as of 30 June 2019
as of 13 August 2019
based on the share price of € 22.92 on 30 June 2019
Our Team
Our team would be happy to answer your questions and supply you with information on our company and the IMMOFINANZ share. You can reach us by e-mail under investor@immofinanz.com or by telephone: +43 (0)1 880 90.
