Welcome to IMMOFINANZ Investor Relations
- 15.98EUR
- -0.01 (-0.06%)
- 10.07.2020 15:08:00
IMMOFINANZ with strong 18% increase in results of operations in Q1 2020, negative valuation results due to Covid-19
IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.
as of 31 March 2020
as of 31 March 2020
as of 31 March 2020
as of 31 March 2020
per share, as of 31 March 2020
per share, as of 31 March 2020
as of 31 March 2020
as of 31 March 2020
based on the share price of € 16.26 on 31 March 2020
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.
