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S Immo: Slight Decrease in Revenues and Earnings

Published: May 23, 2012; 22:00 · (Vindobona)

The Austrian real estate company recorded a small rise in net income. A dividend of € 0.10 per share will be proposed.

S Immo: Slight Decrease in Revenues and Earnings / Picture: © Vindobona.org

The Company has closed the first quarter with slightly lower revenues and earnings, and has increased the consolidated net income for the period by 18.2%.

Although the real estate assets were reduced by 3.9% compared to the year before following the sale of several properties at a profit, rental income for the first quarter of 2012 was down only very slightly by 0.6% to € 30.1m…

This article includes a total of 521 words.

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