Regulatory News:
Züblin Immobilière France (Paris:ZIF) announced today that its consolidated sales1 for the 2011/2012 Financial Year (from 01.04.11 to 31.03.12) reached ?20.0m, out of which gross rental income amounted to ?18.1m.
All financial information included in this press release is unaudited and has not yet been approved by the Board of Directors.
Sales by quarter
In million of euros | 2011/2012 | 2010/2011 | ? (%) | |||
First quarter (01.04 - 30.06) | 6.2 | 6.4 | -3.1% | |||
Second quarter (01.07 - 30.09) | 5.7 | 6.1 | -6.6% | |||
Third quarter (01.10 - 31.12) | 5.2 | 6.3 | -17.5% | |||
Fourth quarter (01.01 - 31.03) | 2.9 | 6.0 | -51.7% | |||
Full-Year total (01.04 - 31.03) | 20.0 | 24.8 | -19.4% |
2011/12 consolidated annual sales totaled ?20.0m, out of which gross rental income totaled ?18.1m, representing a decrease of -19.4% compared to 2010/2011.
Over the fourth quarter of 2011/2012, consolidated sales were down -51.7% at ?2.9m.
These changes, which were expected, are the result of the vacating of the île de la Jatte buildings in preparation for their renovation.
The Company will release its preliminary full-year results for 2011/2012 on 26 April 2012.
More information can be found on our website www.zueblin.fr
A brief outline of Züblin Immobilière France
Züblin
Immobilière France is a listed property company, which has elected for
REIT status (SIIC status). The company invests in office properties, and
its real estate in France consists of 8 office buildings in Paris area,
Lyon and Marseille.
Shares of Züblin Immobilière France trade on
compartment C of Euronext Paris market of Nyse Euronext - ISIN:
FR0010298901
This press release is not intended as an offer or a solicitation to
buy Züblin Immobilière France shares in the United States of America nor
any other country where such an offer would be in breach of applicable
laws and regulations. Züblin Immobilière France shares have not been,
and will not be, registered under the United States Securities Act of
1933, as amended. Züblin Immobilière France does not intend to register
Züblin Immobilière France shares under the US Securities Act of 1933 or
to offer these shares for sale in the United States of America.
The
shares are only available and may only be offered to or issued to those
relevant persons who are legally authorised, and any offer, solicitation
or agreement in view of a purchase of existing shares or an application
for new shares can only be carried out with those who are legally
entitled to do so.
Other persons should not act or rely on
this press release. This document or any other document related to the
company should only be distributed in accordance with the conditions
above.
This document does not constitute an offer to sell or
the solicitation of an offer to invest.
Distribution of this
press statement in some countries can be a violation of applicable
legislation.
This press release is not for publication or
distribution in the United States, the United Kingdom, Canada, Italy,
Australia or Japan.
1 Consolidated sales encompass gross rental income as stated in IFRS financial statements + service charges invoiced to the tenants
Eric Berlizon, CFO,
Züblin Immobilière France
Tel. +33 (0)1 40
82 72 40, info@zueblin.fr
or
Pierre
Laurent, Dusan Oresansky,
NewCap., Financial communication
Tel.
+33 (0)1 44 71 94 94, Fax +33 (0)1 44 71 94 90,
Email: zueblin@newcap.fr