| | | | 2014 financial year: sound resultsZurich, 26 February 2015: Net profit excluding revaluation effect amounting to CHF 109.1 million represents a sound result for Allreal’s 2014 financial year. Thanks to higher rental income and lower operating expenses, operating profit is reported at only 6% below that of the previous year which was characterized by exceptional sales profits.The portfolio of investment real estate experienced a negative value adjustment of CHF 5.9 million during the period under review. Correspondingly, net profit including revaluation effect amounted to CHF 104.4 million, or 14.3% below that of the previous year.Income from renting and real estate management of the considerably larger real-estate portfolio and the project volume completed by the Projects & Development division resulted in a total operating performance of CHF 1,036.4 million.At the Shareholders’ Meeting scheduled for 17 April 2015, the Board of Directors will propose the distribution of CHF 5.50 per share which corresponds to a cash yield of 4.0%.Despite the challenges and imponderables, the company expects net profit for the 2015 financial year to be comparable at least to that of the year under review. |
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