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DGAP-Ad-hoc News vom 15.12.2014

IMMOFINANZ AG: Q2 2014/15 expected to bring positive earnings before tax, but higher tax expense

IMMOFINANZ AG / Key word(s): Forecast/Half Year Results
15.12.2014 20:33

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc-announcement
Vienna, 15 December 2014

IMMOFINANZ - Q2 2014/15 expected to bring positive earnings before tax, but higher tax expense

Preliminary figures show that IMMOFINANZ can expect earnings before tax in the positive single-digit million Euro range for the second quarter of 2014/15. Net profit for Q2 2014/15 is expected to reflect the first quarter, and therefore a negative result, due to an increase in income tax expense compared with Q1 2014/15.

IMMOFINANZ Group will announce final results for the first half of 2014/15 as planned on 17 December after the close of trading on the Vienna Stock Exchange.


On IMMOFINANZ Group 

IMMOFINANZ Group is one of the leading listed property companies in Europe. The company is included in the leading ATX index of the Vienna Stock Exchange and also trades on the Warsaw Stock Exchange. Since its founding in 1990, the company has compiled a high-quality property portfolio that now comprises more than 470 investment properties with a carrying amount of approx. EUR 6.9 billion. As a "real estate machine" the company concentrates on linking its three core business areas: the development of sustainable, specially designed prime properties in premium locations, the professional management of these properties and cycle-optimised sales. IMMOFINANZ Group concentrates its activities in the retail, office and logistics segments of eight regional core markets: Austria, Germany, Czech Republic, Slovakia, Hungary, Romania, Poland and Russia.

For additional information please contact:

MEDIA INQUIRIES
Bettina Schragl 
Head of Corporate Communications | Press Spokesperson IMMOFINANZ Group 
T +43 (0)1 88 090 2290 
M +43 (0)699 1685 7290 
communications@immofinanz.com   

INVESTOR RELATIONS
Stefan Schönauer 
Head of Corporate Finance & Investor Relations 
IMMOFINANZ Group 
T +43 (0)1 88 090 2312 
M +43 (0)699 1685 7312 
investor@immofinanz.com 


A-1100 Wien, Wienerbergstraße 11
www.immofinanz.com


15.12.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

 
Language:     English
Company:      IMMOFINANZ AG
              Wienerbergstraße 11
              1100 Wien
              Austria
Phone:        +43 (0) 1 88090 - 2291
Fax:          +43 (0) 1 88090 - 8291
E-mail:       investor@immofinanz.com
Internet:     http://www.immofinanz.com
ISIN:         AT0000809058
WKN:          911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in Open Market ; Wien (Amtlicher Handel / Official Market)  
End of Announcement DGAP News-Service