Immofinanz, one of Austria's biggest listed real estate company said on Thursday its earnings before tax (EBT) rose 43.5% year-on-year from EUR 119.4 mln in the first half of 2006 to EUR 171.3 mln in mid-2007. Operating profit (EBIT) reached EUR 183 mln, up from EUR 144.9 mln, reflecting a 26.3% rise. Revenues increased 29.8% from EUR 117.8 mln to EUR 152.9 mln. At EUR 7.97 bn, equity approached the threshold of EUR 8 bn at the end of the second quarter, 40.7% up from a year earlier.
Premium subscriber content – please log in to read more or take a free trial.
