Stock Exchange S Immo AG has tested positive for the report for the first half of 2011. Compared to the same period last year, rental income, gross profit and EBIT have significantly increased. "After a successful start to 2011, the positive S Immo continued in the second quarter. Based on our results of operation is exactly the goal that has helped to increase the potential for our part," says Ernst Vejdovszky, a member of the Board S Immo AG.
Rental income for the first half of 2011 was more than satisfactory at € 61. 7 million (first half of 2010. € 48.2m buildings in Vienna Viertel Zwei, acquired last December, contributed fully to earnings for the first time the growth in rental income was also in part to income projects development were completed during the. last year.
The positive trend in the hotel business in Vienna and Budapest was reflected in the behavior of S Immo hotels. Operating income increased from € 17.0m Hotel € 19.6 m. Despite a slight increase in the cost of hotel operations, earnings in the first half of 2011 rose 25% to € 4.2 million. Overall, gross profit for first half of 2011 increased 30.5% to € 54.5m € 41.8m compared to the same period last year.
In the first half of 2011, S Immo set of four properties in Vienna and Berlin, as well as four apartments in the residential and mixed Neutor office building in 1010 in Vienna. Gains from the alienation of property amounted to € 3.9 million and were an important contribution to raising the EBITDA of € 36.8m € 49.5m an increase of 34.7% over the same period last year. EBIT rose by 70.6% to € 51.3m (first half 2010: € 30.1m.
At June 30, 2011, financing costs amounted to € 32. 0m, including non-cash foreign exchange loss outside of € 3.4 million. The loss was the result of decreased O € against the currencies of Central and Southeastern Europe (Romanian leu, Hungarian forint, Czech koruna and the Croatian Kuna. Overall net income for the period is doubled compared to the same period previous year and amounted to € 10.1 million.
Compared with the first half of 2010, S Immo achieved a significant increase in funds from operations (FFO, which grew 31.6% to € 21.6m. Excellent performance of the group is also reflected in improved NOI, which rose from € 38.7m to € 50.2 m. Operating cash flow for the first half of the year was € 51.3m, an increase of 81.9% over the same period last year.
EPRA NAV, the net asset value per share calculated in accordance with the guidelines of the European Union Public Real Estate Association, also rose again to € 8.54 per share, compared to € 8.34 per share in late 2010.
- 1
- 2
- Next Page
Читать полностью или написать коммент.. Про установку спутниковых тарелок в Московской областиhttp://tarelka-tv.ru/
Комментариев нет:
Отправить комментарий