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CA Immo: Operating Performance above Expectations
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Published: January 14, 2014; 15:30 ♦ (Vindobona)
CA Immo: Strong performance in 2013 boosts profitability and share price development.
CA Immo: Operating Performance above Expectations / Picture: © CA Immo AG
- 25% of real estate portfolio sold above book value in 2013
- Trading income reduces (costly) financial liabilities
- 2014 onwards: focused portfolio, revenue from project development and optimised financing costs to drive profitability and continued ability to pay dividends
As CA Immo streamlined its portfolio in 2013, around 25 % of the company’s…
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