EANS-Adhoc: S IMMO AG
Consolidated net income of approximately EUR 27m
expected for the first quarter 2016
18.05.2016 – 13:12
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Earnings Forecast 18.05.2016 In particular due to a high result on property valuation of its Berlin residential portfolio S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250, AT0000795737, AT0000630694, AT0000A19SB5, AT0000A177D2, AT0000A1DBM5, AT0000A1DWK5) expects consolidated EBIT for the first quarter to amount to approximately EUR 55m (Q1 2015: EUR 18.6m) and consolidated net income for the period to approximately EUR 27m (Q1 2015: EUR 8.1m) thus significantly exceeding the corresponding previous year's figures. The final results for the first quarter 2016 will be published on 24 May 2016. Further inquiry note: Investor Relations: Andreas J. Feuerstein phone: +43 (0)50 100-27556 mobile: +43 (0)50 100 6-27556 e-mail: andreas.feuerstein@simmoag.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: S IMMO AG Friedrichstraße 10 A-1010 Wien phone: +43(0)50100-27550 FAX: +43(0)050100-927559 mail: office@simmoag.at WWW: www.simmoag.at sector: Real Estate ISIN: AT0000652250 indexes: ATX Prime, IATX stockmarkets: official market: Wien language: English