informica real invest AG
informica real invest AG: Nine-month report from informica real invest AG
informica real invest AG / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Corporate News from March 20, 2009 Nine-month report from informica real invest AG - Further increase in lease revenues by 47 percent to EUR 4.14 million - Steady total income recorded at EUR 4.29 million with EBIT at EUR 1.04 million - Conservative financing and acquisitions policies continued - Real estate project development going to plan The listed holder of residential and commercial properties, informica real invest AG (ISIN / WKN: DE0005266209 / 526620), is publishing its figures for the first nine months of the 2008/2009 fiscal year (April 1, 2008 - December 31, 2008). In the first nine months, informica Group generated lease revenues of EUR 4.14 million on properties held as financial investments (prior year: EUR 2.81 million). This represents an increase of 47 percent year-on-year. After the deduction of services related to the collection of lease revenues amounting to EUR 1.78 million (prior year: EUR 1.43 million), results from leasing properties held as financial investments totalled EUR 2.36 million (prior year: EUR 1.38 million). The net result from the valuation of assets was EUR -0.06 million (prior year: EUR 1.20 million). The Würzburg-based real estate group generated total income of EUR 4.29 million in the first nine months. Compared to the prior year value of EUR 4.26 million, this key income figure increased slightly despite the negative development of the net result from the valuation of assets. Earnings before interest and taxes (EBIT) reached EUR 1.04 million by the reporting date. Compared to the prior year value of EUR 1.26 million, this year's figure has fallen considerably by 18 percent due to the net result from the valuation of assets. Excluding this book effect, the operating result in the reporting period went up by EUR 1.03 million. After the deduction of financial results and taxes, which totalled EUR -1.34 million in the period under review (prior year: EUR -0.88 million), net profit of EUR -0.30 million was recorded (prior year: EUR 0.38 million). Earnings per share came in at EUR -0.03 from 9.13 million voting shares (prior year: EUR 0.04). As of the reporting date for the nine-month report 2008/2009, informica Group held equity amounting to EUR 28.89 million (March 31, 2008: EUR 29.19 million). With total assets of EUR 71.56 million (March 31, 2008: EUR 69.15 million) the equity ratio is 40.4 percent (March 31, 2008: 42.2 percent). Bank balance and cash at hand was reported at EUR 4.12 million on the reporting date (March 31, 2008: EUR 7.39 million). All Group properties have long-term financing. No short-term refinancing or major interest rate adjustments to variable-interest loans are planned. In addition, informica properties had a stable cash flow with an average lease yield of 8.08 percent as of December 31, 2008 (Full year net rent/total investment volume). informica real invest AG also has an attractive project development pipeline with four real estate projects currently, all of which hold cash income potential. All projects are developing well at present and in line with the management's plans. The informica real invest AG Executive Board is anticipating a further increase in lease revenues for the full year 2008/2009. This is to be largely driven by implementing further lease optimisation potential. The continued expansion of the real estate portfolio will be significantly influenced by sentiment on the capital markets. 'Despite the economic slowdown, we were able to continue to increase lease revenues from the informica real estate portfolio and in doing so sustainably enhance the overall value of the real estate portfolio. This development clearly demonstrates that we are also able to successfully achieve our operating objectives in economically difficult periods. The stable lease cash flow from our assets also provides a solid basis for further growth in turbulent times. On top of that, informica's real estate assets should provide perfect protection against inflation. Our four real estate project, which we initiated with experienced and financially sound partners, also hold additional income potential. In the future, we will be looking into other promising development projects, and expanding our successful and profitable portfolio business in ways that make business sense,' says Friedrich Schwab, CEO of informica real invest AG. The 2008/2009 nine-month report of informica real invest AG is available for download under the following link: http://www.informica-real-invest.ag/index.php?id=50&L=3. About informica real invest AG: informica real invest AG, with its registered office in Reichenberg near Würzburg, focuses on the acquisition of high-yield properties with development potential, asset management and administration as well as real estate brokerage. The 9.13 million no-par shares of informica real invest AG are traded in the open market (entry standard) of the Frankfurt, Berlin-Bremen and Stuttgart stock exchanges. Company contact: informica real invest AG Kirchgasse 1a 97234 Reichenberg www.informica-real-invest.ag Fon +49 (0) 931 322 15-75 Fax +49 (0) 931 322 15-85 info@informica-real-invest.ag Investor relations contact: GFEI Gesellschaft für Effekteninformation mbH Hamburger Allee 26-28 60486 Frankfurt am Main www.gfei.de Fon +49 (0) 69 743 037-00 Fax +49 (0) 69 743 037-22 ir-informica@gfei.de 20.03.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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