January 24, 2018 / 6:08 AM / 8 months ago

BRIEF-NOVAVEST Real Estate 2017 EBIT CHF 17.3 Mln

Jan 24 (Reuters) - Novavest Real Estate AG:

* FOR 2017, EBIT AND NET INCOME EXPECTED TO DOUBLE COMPARED TO THE PREVIOUS YEAR

* EBIT IN FINANCIAL YEAR 2017 WAS CHF 17.3 MILLION (PREVIOUS YEAR: CHF 8.9 MILLION)

* FY RENTAL INCOME INCREASED BY AROUND 65% TO CHF 17.5 MILLION (PREVIOUS YEAR CHF 10.6 MILLION)

* ‍FY PROFIT INCLUDING REVALUATIONS AND DEFERRED TAXES AT CHF 12.3 MILLION (PREVIOUS YEAR: CHF 5.8 MILLION)​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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