CA Immo: Considerable Drop in Net Income

People ♦ Published: March 19, 2014; 09:12 ♦ (Vindobona)

Financial results 2013: CA Immo achieves record operating result. Balance sheet strengthened, Net Asset Value up 6%.

Income from the sale of properties saw a major increase. / Picture: © CA Immo AG

•             Net rental income: EUR 250.6 m (+2%)

•             Income from the sale of properties: EUR 75.5 m (+96%)

•             EBITDA rises 20% to EUR 295.8 m

•             Financing costs cut by 12% (EUR 148.3 m)

•             Consolidated net income after minorities of EUR 48.3 m…