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ORCO PROPERTY GRP : Group : Q1 2012 financial information and audited 2011 reports

05/24/2012| 12:10pm US/Eastern
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Press Release

24 May 2012

Orco Property Group - Q1 2012 financial information and audited 2011 reports

First Quarter financial highlights

  • Quarter on quarter revenues stable at 33 Million
  • Q1 operating result at EUR 7 Million
  • Q1 net profit at EUR 3 Million vs. a net loss of 4 Million
  • Expected full year revenues between EUR 160 and 180 Million
  • Post bonds' restructuring NAV estimated at EUR 5.8 per share and LTV at 56%

You will find the complete document on our website on www.orcogroup.com:
http://www.orcogroup.com/

OPG: Q1 2012 financial information and audited 2011 reports:
http://hugin.info/143527/R/1614810/514622.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Orco Property Group via Thomson Reuters ONE

HUG#1614810
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