DGAP-News: EYEMAXX Real Estate AG / Key word(s): Half Year Results/Real Estate
EYEMAXX Real Estate AG: EYEMAXX increases earnings after taxes by around 63 percent in the first six months of 2017/2018

02.07.2018 / 10:59
The issuer is solely responsible for the content of this announcement.


CORPORATE NEWS

EYEMAXX increases earnings after taxes by around 63 percent in the first six months of 2017/2018

Aschaffenburg, 2 July 2018 - EYEMAXX Real Estate AG (ISIN DE000A0V9L94) has closed the first six months of fiscal year 2017/2018 (1 November 2017 to 30 April 2018) with a significant increase in profits. The company's EBIT lifted by around 37 percent compared to the same period of the previous year, up to EUR 6.1 million. Consolidated earnings after taxes enjoyed an above-average increase of around 63 percent to EUR 2.1 million. Revenues in the first half of 2017/2018 grew by around 30 percent to EUR 2.7 million, up from EUR 2.1 million in the same period of the previous year.

Equity totaled EUR 57.9 million as of 30 April 2018, compared to EUR 50.1 million at the end of the previous fiscal year, with the equity ratio improving from 33.4 percent to 34.0 percent.

The positive figures reflect both the successful project developments and the value-oriented expansion of the investment portfolio to an equal extent. Accordingly, the Managing Board of EYEMAXX has confirmed its forecast for further substantial increases in earnings over the year as a whole. The full semi-annual financial report will be published on 31 July 2018.

About EYEMAXX Real Estate AG

EYEMAXX Real Estate AG is a real estate company with a long-standing successful track record, focussing on residential properties in Germany and Austria. In addition, EYEMAXX also realizes nursing homes in Germany and commercial properties in central Europe. In the company's recent past its corporate strategy has also included developing urban districts in Germany.

EYEMAXX' business activities take a dual-pronged approach. These include high-margin projects and and also the continued expansion of its stocks of let commercial properties, which generate ongoing rental income and thus constant cash flows. In so doing, EYEMAXX uses the expertise offered by its experienced management team together with a strong team of real estate professionals, and also a well-established and broad network which opens up additional access to attractive properties and projects. The current project pipeline has thus been expanded to about EUR 880 million.

Shares of EYEMAXX Real Estate AG are listed in the General Standard of the Frankfurt Stock Exchange. The company has also issued several bonds, which are also listed on the stock exchange.

You can find more information at www.eyemaxx.com

Contact

Investor Relations/Financial Press
Axel Mühlhaus, Peggy Kropmanns
edicto GmbH
eyemaxx@edicto.de
Tel.: +49 69 905505-52



02.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English
Company: EYEMAXX Real Estate AG
Auhofstraße 25
63741 Aschaffenburg
Germany
Phone: +43. 2235. 81 071 -0
Fax: +43. 2235. 81 071 715
E-mail: office@eyemaxx.com
Internet: www.eyemaxx.com
ISIN: DE000A0V9L94, DE000A1TM2T3, DE000A12T374 ,
WKN: A0V9L9, A1TM2T, A12T37
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

 
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700579  02.07.2018 

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