EPIC Suisse AG
EPIC Suisse releases high level Q1 2023 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, 24 May 2023
EPIC Suisse releases high level Q1 2023 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 2023 to 31 March 2023 in parallel with its majority shareholder, Alrov Properties & Lodgings Ltd (the “Alrov Group”):
- Fair value of the portfolio as at 31 March 2023 totals CHF 1.52 billion split into Investment properties in operation at CHF 1’450 million (31 Dec 2022: CHF 1’448 million) and Investment properties under development / construction at CHF 66 million (31 Dec 2022: CHF 54 million)
- Total income (defined as rental income and other income) for Investment properties in operation for the 3-month period 2023 amounts to CHF 16.8 million (Q1 2022: CHF 15.6 million)
- Total bank debt as at 31 March 2023 is CHF 595 million (31 Dec 2022: CHF 596 million)
- The IFRS NAV stands at CHF 827 million as at 31 March 2023 (31 Dec 2022: CHF 818 million)
Financial calendar
Half-Year Report 2023: | 21 August 2023 |
Selected high level numbers YTD 30 September 2023: | 23 November 2023 |
Annual Report 2023: | 25 March 2024 |
Annual General Meeting of Shareholders 2024: | 25 April 2024 |