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S Immo: Increase in Rental Income of 21.1%

Published: March 21, 2012; 19:03 · (Vindobona)

The Austrian real estate company announces an EBIT increase of 52.4%. Consolidated net income for year rose from € 2.1m to € 21.3m.

S Immo: Increase in Rental Income of 21.1% / Picture: © Vindobona.org

S IMMO AG’s preliminary results show a thoroughly positive picture for the financial year 2011. Ernst Vejdovszky, Member of S IMMO AG’s Management Board, comments: “Despite the challenging economic environment, we have managed our activities very successfully. All key indicators are up significantly – an impressive proof that a high-quality portfolio, active asset management…

This article includes a total of 335 words.

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