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BRIEF-Swiss Prime Site FY group net profit down to CHF 311.2 mln
March 2, 2017 / 6:27 AM / 9 months ago

BRIEF-Swiss Prime Site FY group net profit down to CHF 311.2 mln

March 2 (Reuters) - Swiss Prime Site AG:

* 2016 saw Swiss Prime Site raise its operating income by 5.5 percent, to 1,049.5 million Swiss francs ($1.04 billion)

* EBIT for 2016 came in at 459.8 million francs (553.4 million francs in 2015)

* Group net profit amounted to 311.2 million francs in 2016 (355.1 million francs in 2015)

* In 2017, Swiss Prime Site expects to improve on its 2016 performance, both in terms of income and operating profit before revaluations

* Will recommend an unchanged dividend of 3.70 francs per share

* With the exception of Bernhard Hammer, all members of the board of directors are standing for reelection Source text - bit.ly/2mgP44o Further company coverage: ($1 = 1.0097 Swiss francs) (Gdynia Newsroom)

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