Press release   
Neuilly-sur-Seine, April 16, 2015

FY 2014/2015 consolidated sales

Today, Züblin Immobilière France announced its consolidated sales[1]:
#_ftn1 for the FY 2014/2015 (04/01/2014 to 03/31/2015). Consolidated sales came to €8.2 million.

The financial information presented in this press release is unaudited and has not yet been presented to the Board of Directors.

Sales by quarter

In € millions 2014/2015 2013/2014 Change (%)
Q1 (04/01 - 06/30) 2.1 3.2 -34.4%
Q2 (07/01 - 09/30) 2.4 2.1 14.3%
Q3 (10/01 - 12/31) 1.7 2.6 -34.6%
Q4 (01/01 - 03/31) 2.0 2.1 -4.8%
2014/2015 total 8.2 10.0 -18.0%

The breakdown of the consolidated sales for the FY 2014/2015 (€8.2 million) is as follows:

  • Gross rental income amounted to €6.5 million, down 17.3% compared to FY 2013/2014. This drop is mainly due to the disposal of the Danica and Chaganne buildings. Like for like (i.e. without Danica and Chaganne buildings), gross rental income amounted to €5.4 million, up 10.4%, due to the delivery of building Imagine in September 2013 and subsequent relocations on this building.
  • Service charges re-invoiced to tenants amounted to €1.7 million (€2.2 million in FY 2013/2014).

The Company's FY 2014/2015 results will be released on May 13, 2015.
Contacts
Eric Berlizon, CFO, Züblin Immobilière France
20-26, boulevard du Parc, 92200 Neuilly-sur-Seine
Tel: +33 (0)1 40 82 72 40, info@zueblin.fr:
mailto:info@zueblin.fr

More information is available on our website: www.zueblin.fr:
http://www.zueblin.fr

About Züblin Immobilière France
Züblin Immobilière France is a listed property company that has opted for SIIC status. The company invests in office properties, and features a real estate portfolio consisting of five office buildings in Paris Region and Marseille.
Shares of Züblin Immobilière France trade on compartment C of Nyse Euronext Paris - ISIN: FR0010298901


[1]:
#_ftnref1 Consolidated sales include gross rental income as mentioned in IFRS financial statements + service charges re-invoiced to tenants as stated in the individual financial statements of Group companies.

ZIF consolidated sales FY 2014_2015:
http://hugin.info/154739/R/1911864/682223.pdf


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Züblin Immobilière France via Globenewswire
HUG#1911864