17.11.2015 18:14:45
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EQS-Adhoc: Pleasing business performance for Mobimo
EQS Group-Ad-hoc: Mobimo Holding AG / Key word(s): Miscellaneous Pleasing business performance for Mobimo
2015-11-17 / 17:44 Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this announcement.
P r e s s r e l e a s e
Pleasing business performance for Mobimo
Lucerne, 17 November 2015 - Mobimo Holding AG performed better than expected during the financial year. Thanks primarily to disposals of various residential properties in the first and second half of the year, the company has posted annual earnings before revaluations of more than CHF 75 million (prior year: CHF 59.3 million).
The financial statements of Mobimo Holding AG will be published on 11 February 2016.
If you have any questions, please contact: Mobimo Holding AG Christoph Caviezel, CEO Manuel Itten, CFO +41 44 397 11 86 ir@mobimo.ch www.mobimo.ch
About Mobimo Mobimo Holding AG was established in Lucerne in 1999 and has been listed on the SIX Swiss Exchange since 2005. The Mobimo Group has an attractive portfolio mix of investment properties offering steady returns and development properties with significant appreciation potential. Investments are made in promising locations mainly in the economic areas of Zurich and Lausanne/Geneva, together with those of Basel, Lucerne/Geneva, Aarau and St. Gallen. With a property portfolio that has an overall value of around CHF 2.5 billion, Mobimo is one of the leading real estate companies in Switzerland. The pipeline includes development properties for the company's own portfolio with an investment volume of CHF 0.9 billion (as at 30 June 2015).
End of ad hoc announcement
2015-11-17 News transmitted by EQS Schweiz AG. www.eqs.com - news archive: http://switzerland.eqs.com/de/Geneva
The issuer is responsible for the contents of the release. 414067 2015-11-17 (END) Dow Jones Newswires
November 17, 2015 11:44 ET (16:44 GMT)- - 11 44 AM EST 11-17-15
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