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Immofinanz with Strong Results in Financial Year 2010/11
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…
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