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BRIEF-PSP Swiss Property FY net profit down to CHF 134.9 mln, change of chairman
March 6, 2017 / 5:03 PM / in 8 months

BRIEF-PSP Swiss Property FY net profit down to CHF 134.9 mln, change of chairman

March 6 (Reuters) - PSP Swiss Property AG:

* FY rental income at 276.3 million Swiss francs ($273.19 million), up 0.5 percent

* FY EBITDA (excluding valuation effects) amounted to 241.6 million francs (2015: 232.7 million francs)

* In 2016, net profit (excluding valuation effects) of 172.5 million francs was generated (2015: 161.3 million francs)

* FY net profit (including valuation effects) amounted to 134.9 million francs (2015: 187.7 million francs), down 28.2 percent

* For FY 2017, an EBITDA (excluding valuation effects) of around 225 million francs expected

* Distribution of 3.35 francs per share proposed

* Guenther Gose, chairman of the board of directors will not stand for re-election

* Luciano Gabriel to be proposed as new chairman of the board of directors Source text for Eikon: Further company coverage: ($1 = 1.0114 Swiss francs) (Gdynia Newsroom)

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