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BRIEF-Banimmo FY EBIT rises to 59.4 million euros
February 28, 2017 / 5:01 PM / 7 months ago

BRIEF-Banimmo FY EBIT rises to 59.4 million euros

Feb 28 (Reuters) - Banimmo SA:

* FY EBIT 59.4 million euros ($63.06 million) versus 4.5 million euros year ago

* FY net loss of 15.4 million euros

* FY group share loss 15.4 million euros versus loss of 33.2 million euros year ago

* Adjusted net asset value at dec 31 7.30 euros per share versus 11.2 euros year ago

* Plans to invest 13.5 million euros in projects development in 2017

* Is confident to achieve major milestones in 2017 and 2018

* Recommends to the general shareholders’ meeting that no dividend to be distributed Source text: bit.ly/2mB2OnA Further company coverage: ($1 = 0.9419 euros) (Gdynia Newsroom)

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