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Immofinanz: Rise in Operating Profit Expected
Analysts expect the Austrian property company to achieve a 58% increase in EBIT. EBT will be lower, Baader Bank says.
Immofinanz: Rise in Operating Profit Expected / Picture: © Vindobona.org
Next Monday, Immofinanz will announce its finanical results for 2011/12. Baader Bank expects a substantial rise in operating results. EBITDA is anticipated to grow by 9.1% against 2010/11 to € 468.4m. This is mainly due to the higher rental income and the lower costs. Immofinanz´ EBIT is expected to rise by 57.5% to € 667.9m. However, EBT is estimated to shrink by 9.1% to €…
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