Immofinanz with Strong Results in Financial Year 2010/11

Professional ServicesReal Estate ♦ Published: August 4, 2011; 11:15 ♦ (Vindobona)

The Austrian real estate company recorded an increase in net profit of 60% and will pay a dividend for the first time since 2007.

Immofinanz with Strong Results in Financial Year 2010/11 / Picture: © Vindobona.org

Immofinanz on Wednesday reported preliminary results for the 2010/11 financial year, which ended on 30 April 2011. Following the successful completion of restructuring, the company is now focused on the optimization of the operating business. An increase of 60% in net profit to € 313.5m confirms this course. Based on the positive development of business and…