CA Immo International AG

euro adhoc: CA Immo International AG
Financial Figures/Balance Sheet
INTERIM RESULT FOR CA IMMO INTERNATIONAL AG AS OF 30 juni 2008 . Rental income comparable to that of previous year . Sharp rise in EBITDA; consolidated net income down ...

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 6-month report 29.08.2008 Vienna, August 29, 2008. The result for this year's first half is characterised by largely stable operative business development, but also by the absence of revaluation profit compared to the previous year. The rental income in the first half of 2008 was EUR 18.9 m, slightly less than the previous year's figure (EUR 19.1 m), the net operating income increased by 11% to EUR 18.3 m. Despite the difficult market environment, CA Immo International AG successfully sold the Renaissance Tower in Warsaw at a price that was 10% above the latest valuation as of December 31. This gain of EUR 7.0 m made a decisive contribution to the increase in EBITDA, which increased by 22% from EUR 16.0 m to EUR 19.5 m. The result from revaluation was EUR -0.6 m after EUR 29.4 m in the first half year 2007. As a result the EBIT decreased from EUR 44.6 m to EUR 17.8 m in the first half of 2008. In particular, a non-cash tax effect in the second quarter led to an increase in tax expense of EUR -7.6 m E in the first half of 2007 to EUR -9.8 m in the first half of 2008. Overall, this led to a decline in consolidated net income from EUR 36.8 m to EUR 7.8 m. Net asset value (NAV) per share amounted to EUR 14.85 as of 30 June 2008 (31.12.2007: EUR 14.93), NNNAV per share was EUR 15.54, thus being unchanged from 31 December 2007 despite the payment of a dividend in the second quarter of 2008. For the year's second half, the company expects to see a largely unchanged operative environment, whereas the overall result will depend on how the real estate market develops. Key financial figures | | | | | |in million EUR |1st HY 2008|1st HY 2007|Change | |Rental income |18.9 |19.1 |-1 % | |Net operating income |18.3 |16.5 |+11 % | |Result from the sale of properties|7.0 |3.9 |+78 % | |EBITDA |19.5 |16.0 |+22 % | |Change from revaluation |(0.6) |29.4 |n.m. | |Operating result (EBIT) |17.8 |44.6 |- 60 % | |Financial result |(0.3) |(0.2) |n.m. | |Net income before taxes (EBT) |17.6 |44.4 |- 60 % | |Consolidated net income |7.8 |36.8 |- 79 % | |Consolidated net income after | | | | |minority interest |9.6 |37.7 |- 75 % | |Earnings per share (in EUR) |0.22 |0.87 |- 75 % | |Operating cash-flow |11.6 |11.2 |- 4 % | |Rental income per share (in EUR) |0.43 |0.44 |- 1 % | | | | | | | |30-6-08 |31-12-07 |Change | |Property assets (EUR m) |736.5 |708.4 |+4 % | |NAV per share (in EUR) |14.85 |14.93 |-1 % | |NNNAV per share (in EUR) |15.54 |15.54 |+0 % | Further inquiries: CA Immo International AG Bruno Ettenauer Wolfhard Fromwald Susanne Steinböck (Corporate Communication) Claudia Hainz (Investor Relations) T: 01/532 59 07 F: 01/532 59 07-510 E-Mail: office@caimmointernational.com www.caimmointernational.com end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: CA Immo International AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: CA Immo International AG Mechelgasse 1, 1010 Wien Tel. +43/1/532 59 07 Fax +43/1/532 59 07-510 office@caimmointernational.com www.caimmointernational.com Branche: Real Estate ISIN: ATCAIMMOINT5 WKN: A0LBUV Index: WBI, ATX Prime Börsen: Wiener Börse AG / official market

Das könnte Sie auch interessieren: