October 18, 2018 / 3:58 PM / a month ago

Austria's CA Immo to stay on growth path -CEO

VIENNA, Oct 18 (Reuters) - Commercial property group CA Immo is on track to meet its full-year target and expects to remain on a growth path next year, its chief executive said on Thursday.

Funds from operations (FFO I), a measure of recurring free cash flow and the company’s key indicator for operational strength, could reach more than 125 million euros ($143.7 million) next year, Andreas Quint said at an investor fair in Vienna.

Quint said he still expects full-year recurring earnings (FFO I) of at least 115 million euros. ($1 = 0.8699 euros) (Reporting by Kirsti Knolle Editing by David Goodman)

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