EPIC Suisse releases high level Q3 2022 numbers in line with majority shareholder's reporting obligations
EPIC Suisse AG / Key word(s): Quarter Results Media release - Ad hoc announcement pursuant to Art. 53 LR |
Zurich, 28 November 2022
EPIC Suisse releases high level Q3 2022 numbers in line with majority shareholder's reporting obligations
EPIC Suisse AG (the “Company” and “EPIC”, the consolidated group; SIX: EPIC), publishes today high-level figures1 for the period 1 January 2022 to 30 September 2022 in parallel with its majority shareholder, Alrov Properties & Lodgings Ltd (the “Alrov Group”):
- Fair value of the portfolio as at 30 September 2022 totals CHF 1.49 billion split into Investment properties in operation at CHF 1’449 million (31 Dec 2021: CHF 1’434 million) and Investment properties under development / construction at CHF 44 million (31 Dec 2021: CHF 32 million)
- Total income (defined as rental income and other income) for Investment properties in operation for the 9-month period 2022 amounts to CHF 46.9 million
- Total bank debt as at 30 September 2022 is CHF 596 million (31 Dec 2021: CHF 733 million2)
- The IFRS NAV stands at CHF 814 million as at 30 September 2022 (31 Dec 2021: CHF 578 million)
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1 In line with the Q3 / 9-month 2022 report published today by EPIC co-founder and majority shareholder Alrov Group on the Tel-Aviv Stock Exchange.
2 Excluding the corporate bank debt at the level of the Company, which was fully repaid following the IPO.
Financial calendar
Annual Report 2022: | 27 March 2023 |
Annual General Meeting of Shareholders: | 26 April 2023 |
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