Einst und Jetzt im Fokus

Zürich (ots) - Der Publikumsrat SRG.D beschäftigte sich in der August-Sitzung einerseits mit «Tama ...

Warimpex Finanz- und Beteiligungs AG

euro adhoc: Warimpex Finanz- und Beteiligungs AG
Financial Figures/Balance Sheet
Warimpex shows strong operative growth in financial year 2006

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

annual report

30.04.2007

@@start.t2@@|Key figures in EUR m                         |2006        |2005         |Change in %|
|Gross Asset Value (GAV)                    |477.5      |296.0        |+ 61 %        |
|Triple Net Asset Value (NNNAV)         |258.3      |172.6        |+ 50 %        |
|                                                         |              |                |                 |
|Total revenues                                  |58.8        |40.3         |+ 46 %        |
|Gains from the sale of project         |6.3         |38.3         |- 84 %        |
|companies                                          |              |                |                 |
|EBITDA                                                |30.8        |50.2         |- 39 %        |
|EBIT                                                  |22.8        |44.0         |- 48 %        |
|Profit for the year                          |21.2        |33.7         |- 37 %        |
|                                                         |              |                |                 |
|in EUR                                                |              |                |                 |
|NNNAV per share                                 |8.61        |5.75         |+ 50 %        |
|Earnings per share                            |0.70        |1.14         |- 39 %        |
|Proposed dividend per share              |0.15        |0.13         |+ 15 %        |@@end@@

The Vienna-based Warimpex Finanz- und Beteiligungs AG posted massive growth  in the financial year 2006, attributable to the rise  in  the number  of  existing hotels as well as the  number  of  other  real   estate  assets  and  development projects. The real estate portfolio was expanded from 14  to  20  properties  in the reporting year, while ten further hotel projects were under  development  or construction at year end. Revenues were boosted by 46 %  from  EUR   40.3 million to EUR 58.8 million.

EBITDA declined by 39 % to EUR 30.8 million, while EBIT went  down   by  48 %  to EUR 24.5 million. Net of gains from the sale  of   project  properties,  however, which are subject to annual fluctuations due to the lead-in  time  required  for the development process, both key  indicators  showed  a  significant  increase: adjusted EBITDA rose by 106 % from EUR 11.9 million to EUR  24.5 million,  while adjusted EBIT climbed 195 % from EUR 5.6 million to 16.5 million.

Profit for the year went down - again primarily due to the lower gains from  the sale of project companies - from EUR 33.7 million to EUR 21.2 million.

As of 31 December 2006, all existing real estate  and  development   projects  of the Warimpex Group were evaluated by CB Richard Ellis.   The  Gross  Asset  Value amounted to EUR 477.5 million,   corresponding  to  a  year-on-year  increase  of 61 %. The Triple Net Asset Value rose by 50 % to EUR 258.3 million.

Given  the  additional  financial  resources  and  its  controlled   strategy  of expansion, the Management expects the Warimpex Group to continue  delivering  a commensurate  level  of  growth.   Furthermore,  the  numerous    projects    under development should continue to result in an over-proportionate increase  in  the Group's real estate assets as measured in terms of Triple Net Asset Value.

@@start.t3@@end of announcement                                                 euro adhoc 30.04.2007 08:30:00
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Warimpex Finanz- und Beteiligungs AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Warimpex Finanz- und Beteiligungs AG
Phone: +43 1 310 55 07-0
Christoph Salzer
mailto:presse@warimpex.com
Daniel Folian, mailto:investor.relations@warimpex.com
www.warimpex.com

Branche: Real Estate
ISIN:      AT0000827209
WKN:        
Index:    ATX Prime
Börsen:  Wiener Börse AG / official market



Weitere Meldungen: Warimpex Finanz- und Beteiligungs AG

Das könnte Sie auch interessieren: