Immofinanz: Analysts Expect Strong Earnings Growth

Business › n.a. ♦ Published: March 22, 2012; 21:37 ♦ (Vindobona)

According to market expectations, the Austrian real estate company may achieve a 30% increase in EBITDA.

Immofinanz: Analysts Expect Strong Earnings Growth / Picture: © Vindobona.org

Immofinanz reports its nine-month results next Monday. Erste Group and RCB (Raiffeisen Centrobank) expect a favorable development of operating results. EBITDA is forecasted to reach € 384.1m on average. This would correspond to an increase by 30% against the reference period.

Rental income is anticipated to rise by 3.0% to € 433.7m. Net results are forecasted to grow by 20%.…

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