EQS-News

IMMOFINANZ with very good first half-year in 2022: FFO 1 increases by 6%, net profit reaches EUR 163 million

EQS-News: IMMOFINANZ AG / Key word(s): Half Year Results/Real Estate IMMOFINANZ with very good first half-year in 2022: FFO 1 increases by 6%, net profit reaches EUR 163 million  24.08.2022 / 17:51 CET/CEST The issuer is solely responsible for the content of this announcement. IMMOFINANZ with very good first half-year in 2022: FFO 1 increases by 6%, net profit reaches EUR 163 million

• Rental income stable year-on-year, plus 4.2% after adjustment for non-recurring effect
• Occupancy rate high at 94.3%
• EPRA NTA per share improves to EUR 29.5
• Strong balance sheet with equity ratio of 57.3% and net LTV of 32.5%

 

KEY FIGURES (IN MEUR)	Q1–2 2022	Δ IN %	Q1–2 2021
Rental income	144.2	-0.6	145.0
Results of asset management	110.0	3.0	106.8
Results of property sales	-11.8	≤ -100%	-3.7
Results of property development	-7.8	n/a	22.0
Results of operations	56.3	-45.5	103.3
EBIT	131.0	-15.9	155.9
Financial results	68.8	-24.8	91.6
Net profit	162.7	-28.8	228.6
FFO 1 (before tax)	78.7	6.1	74.2[1]