informica real invest AG
informica real invest AG publishing preliminary figures for the fiscal year 2008/2009
informica real invest AG / Preliminary Results 08.09.2009 Dissemination 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 8 September 2009 informica real invest AG publishing preliminary figures for the fiscal year 2008/2009 Würzburg, 8 September 2009. informica real invest AG (ISIN / WKN: DE0005266209 / 526620) is publishing its preliminary figures for the fiscal year 2008/2009 (fiscal year-end: 31 March 2009) according to the internationally accepted reporting standards IFRS. The letting agent for residential and commercial property generated rental income of EUR 5.5 million from real estate held as financial investments. This marked an increase of 32 percent against the previous year's figure of EUR 4.1 million. After deducting services procured of EUR 2.0 million (prior year: EUR 1.9 million) required to generate income from rental activities, the company reported rental income from real estate held as financial investments of EUR 3.5 million (prior year: EUR 2.2 million). Income from the valuation at fair value amounted to EUR -1.4 million (prior year: EUR 2.6 million). Total income was recorded at EUR 6.4 million (prior year: EUR 9.6 million). Preliminary earnings before interest and taxes (EBIT) amounted to EUR 0.3 million for the financial year 2008/2009 (prior year: EUR 3.4 million). The preliminary net profit amounted to EUR -2.3 million (prior year: EUR 2.2 million). This means that the preliminary earnings per share came to EUR -0.25 (prior year: EUR 0.24) for 9.13 million bearer shares. The result posted by informica real invest AG for the fiscal year 2008/2009 compared to the previous 2007/2008 period, which was driven by considerable investment and high appreciation, can be attributed to the protracted situation with former majority shareholder Absolute Capital Management and the limitations in the investment capacity of informica real invest AG. The last fiscal year was also impacted by the complexity of raising further finance in the generally difficult economic conditions. The investment of the new majority shareholder InCity Immobilien AG, which informica real invest AG has already conducted real estate deals with in joint ventures or via service contracts in the past, has again brought clarity to the shareholder structure. 'The last fiscal year was very much about leveraging project opportunities and developing individual informica assets. Limitations on capital made it difficult to push any material new acquisitions of attractive real estate assets at favourable purchase multipliers with the intention of holding them in the portfolio. In future we hope that the indirect majority investment by the project development specialist InCity Immobilien AG will provide considerable impetus at an operating level and promising synergy effects. In addition to that we will be implementing massive cost saving efforts especially in the field of capital market communications,' explained informica real invest AG CEO Friedrich Schwab. The informica real invest AG annual report 2008/2009 is scheduled to be published at the end of September 2009. 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. Company contact informica real invest AG Kirchgasse 1a D-97234 Reichenberg Fon +49 (0)931.3221575 Fax +49 (0)931.3221585 E-Mail info@informica-real-invest.ag Internet www.informica-real-invest.ag Investor Relations contact GFEI Aktiengesellschaft Hamburger Allee 26-28 60486 Frankfurt Fon +49 (0)69.74303700 Fax +49 (0)69.74303722 E-Mail ir-informica@gfei.de Internet www.gfei.de 08.09.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------------
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