conwert Immobilien Invest SE

conwert with operating success and positive results in Q1 2015 - Seite 3

The interim report on the first quarter 2015 of conwert Immobilien Invest SE is available on the website http://www.conwert.com.

Key performance indicators , , 1-3/2015 , 1-3/2014 , Change , 2014 Rental income , EUR mn , 55.2 , 59.2 , -6.7% , 237,3 Proceeds from sale of properties , EUR mn , 50.1 , 17.7 , 182.8% , 133,5 Revenues from property , EUR mn , 1.6 , 2.0 , -19.3% , 10,5 Total revenue , EUR mn , 106.9 , 78.9 , 35.5% , 381,2 EBITDA , EUR mn , 29.9 , 29.4 , 1.7% , 109,9 EBIT , EUR mn , 32.5 , 29.1 , 11.7% , 121,6 EBT , EUR mn , 6.7 , (7.7) , - , (9,9) Funds from operations before sales income (FFO I) *) , EUR mn , 12.7 , 8.4 , 52.4% , 34,8 Funds from operations including sales income (FFO II) **) , EUR mn , 14.5 , 10.7 , 35.3% , 39,0 Net rental income (NRI) , EUR mn , 38.0 , 37.3 , 1.8% , 150,7 NRI margin , % , 68.9 , 63.1 , 9.2% , 63,5 Adjusted NRI margin ***) , % , 87.7 , 83.7 , 4.8% , 85,0 Basic earnings per share , EUR , 0.02 , (0.09) , % , (0,14) Diluted earnings per share , EUR , 0.02 , (0.09) , % , (0,14) FFO I *) per share , EUR , 0.15 , 0.10 , 50.0% , 0,42 *) FFO I: Earnings before tax (EBT) - difference between sales and carrying amount of sold properties + operating expenses of sales income -/+ revaluation gains/losses + depreciation and value adjustments + non-cash components of financial income and other non-cash costs not including non-controlling interests + restructuring costs/one-off costs **) FFO II: FFO I + difference between sales and carrying amount of properties sold - operating expenses of sales income ***) Adjusted NRI margin: Margin on net rental income (rental income less running costs charged to tenants)

Balance sheet indicators , , 31/03/2015 , 31/12/2014 , Change Total assets , EUR mn , 2.931.5 , 2.974.0 , -1.4% Non-current loans and borrowings , EUR mn , 1.001.6 , 1.120.4 , -10.6% Current loans and borrowings , EUR mn , 290.7 , 221.3 , 31.3% Equity , EUR mn , 1.106.1 , 1.104.6 , 0.1% Equity ratio , % , 37.7 , 37.1 , 1.6% Gearing , % , 140.9 , 143.8 , 2.0% Basic EPRA NAV per share , EUR , 15.79 , 15.70 , 0.6% Property portfolio , , 31/03/2015 , 31/03/2014 , Change , 31/12/2014 Rental units , No. , 30,180 , 31,756 , 6.9% , 30,385 Parking spaces , No. , 12,739 , 14,050 , 10.0% , 13,573 Total usable space , sqm , 2,409,272 , 2,577,628 , 7.4% , 2,473,195 Property assets , EUR mn , 2,776.9 , 2,884.7 , 4.6% , 2,810.5 Vacancy rate , % , 9.4 , 10.0 , 7.0% , 9.0 ø Rent , EUR/sqm/m , 6.30 , 6.16 , 2.3% , 6.27 ................................................................

This report contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. We would like to point out that the actual circumstances and. consequently, the actual results realised at a later date may differ from the forecasts presented in this report for a variety of reasons.



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emitter: conwert Immobilien Invest SE address: Alserbachstraße 32, 1090 Vienna country: Austria contact person: Clemens Billek phone: [phone] e-mail: [e-mail] website: www.conwert.at

ISIN(s): AT0000697750 (share) stock exchanges: official trade in Vienna

[ source: http://www.pressetext.com/news/20150526027 ]