Result for CA Immo International AG increases sharply in first year after IPO

Within the CA Immo Group, which was restructured in autumn 2006, CA Immo International is noted for its consistent exploitation of the major yield potential on the property markets of eastern Europe. Shares in the company have been traded in the prime segment of the Vienna Stock Exchange since 25th October 2006. Even in this short time on the capital market, CA Immo International has significantly accelerated its development as a business, as confirmed by its business results for 2006.

Turnover expanded by 52%, from €31.3 million to €47.6 million. Rental income – the main element of turnover – increased by 49%, from €25.6 million in 2005 to €38.2 million. Net operating income rose by 53%, from €22.2 million to €34 million. The EBITDA increased by 55%, from €20.7 million in the previous year to €32.0 million. The EBIT expanded 6% to €63.8 million and consolidated net income reached €47.8 million. Cash flow was up by an impressive 42%, from €18.9 million to €26.9 million.

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