Consolidated net income of approximately EUR 27m expected for the first quarter 2016

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Earnings Forecast

In particular due to a high result on property valuation of its Berlin
residential portfolio S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN:
AT0000652250, AT0000795737, AT0000630694, AT0000A19SB5, AT0000A177D2,
AT0000A1DBM5, AT0000A1DWK5) expects consolidated EBIT for the first quarter to
amount to approximately EUR 55m (Q1 2015: EUR 18.6m) and consolidated net income
for the period to approximately EUR 27m (Q1 2015: EUR 8.1m) thus significantly
exceeding the corresponding previous year's figures. 

The final results for the first quarter 2016 will be published on 24 May 2016.

Further inquiry note:
Investor Relations:
Andreas J. Feuerstein
phone: +43 (0)50 100-27556 
mobile: +43 (0)50 100 6-27556
e-mail: andreas.feuerstein@simmoag.at

end of announcement                               euro adhoc 

issuer:      S IMMO AG 
             Friedrichstraße  10
             A-1010 Wien
phone:       +43(0)50100-27550
FAX:         +43(0)050100-927559
mail:     office@simmoag.at
WWW:      www.simmoag.at
sector:      Real Estate
ISIN:        AT0000652250
indexes:     ATX Prime, IATX
stockmarkets: official market: Wien 
language:   English

Original-Content von: S IMMO AG, übermittelt durch news aktuell

Weitere Meldungen: S IMMO AG

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