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Gutburg Immobilien S.A.

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EQS-Ad-hoc News vom 13.09.2016

GUTBURG IMMOBILIEN S.A. ANNOUNCES INTERIM RESULTS H1 2016

EQS Group-Ad-hoc: Gutburg Immobilien S.A. / Key word(s): Half Year Results

2016-09-13 / 17:30
Release of an ad hoc announcement pursuant to Art. 53 KR.



THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS
 

GUTBURG IMMOBILIEN S.A. ANNOUNCES INTERIM RESULTS H1 2016

- Revenue increased to EUR18.9 million, up 2.2% YOY

- Adjusted EBITDA increased to EUR9.5 million, up 7% YOY

- FFO I increased to EUR4.8 million, up 18.9% compared to H1 2015

- Equity rose to EUR131 million, up 22.6% YTD; Adjusted Equity increased to EUR175 million with an adjusted equity ratio of 47%, up from 21% at year-end 2015
 

Luxembourg, September 13, 2016 - Gutburg Immobilien S.A. (the 'Company', 'Gutburg') announces the interim results for the first half of 2016. The figures reflect the improving performance of the portfolio as stable demand for residential property in East German metropolitan areas has a positive impact on the business development of Gutburg.

The full H1 2016 interim report is available on the Company's website:
http://gutburg.com/

About the Company:
Gutburg Immobilien S.A. incorporates a real estate portfolio of around 8,500 residential units in
East German metropolitan areas. Around half of the rentable area and the rental revenue is made up by the properties in Leipzig.

Gutburg Immobilien S.A. corporate bond issue 2013-2018 are listed on the SIX Swiss Exchange under the securities number 21,181,638, ticker GUT13, ISIN CH0211816381.

Contact:
Gutburg Immobilien S.A.
681, Rue de Neudorf
L-2220 Luxemburg
E: info@gutburg.com
www.gutburg.com




End of ad hoc announcement

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