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BRIEF-Zueblin Immobilien FY 2016/17 net result swings to profit
May 18, 2017 / 4:57 AM / 2 months ago

BRIEF-Zueblin Immobilien FY 2016/17 net result swings to profit

1 Min Read

May 18 (Reuters) - ZUEBLIN IMMOBILIEN HOLDING AG:

* FY 2016/17 RENTAL INCOME 8.0 MILLION CHF VERSUS 7.9 MILLION CHF YEAR AGO

* FY 2016/17 EBITDA 3.4 MILLION CHF VERSUS 2.5 MILLION CHF YEAR AGO

* FY 2016/17 NET PROFIT 29.9 MILLION CHF VERSUS LOSS 18.9 MILLION CHF YEAR AGO

* PLANS SALE OF GERMAN PORTFOLIO IN THE FIRST HALF OF FISCAL 2017/18

* CASH INFLOW OF CHF 55 MILLION EXPECTED FROM SALE OF GERMAN PORTFOLIO

* IS CONSIDERING PROPOSING TO SHAREHOLDERS PAYMENT OF A DIVIDEND Source text - bit.ly/2pNzPlQ Further company coverage: (Gdynia Newsroom)

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