|
contents | business | |||||||||
| Züblin announces half-year results for FY 2010/2011 Züblin Immobilien Holding AG announced results for the first half of its Financial Year 2010/2011. For the six months ending 30 September 2010, the Company recorded rental income of CHF 46 m, EBITDA of CHF 35 m, net income of CHF 2 m and operating cash flow per fully diluted share of CHF 0.12. The Company's result was supported by a 16% reduction in operating costs but negatively influenced by a property value adjustment of CHF -7 m, or -0.5%. The Company's vacancy rate stood at 10.7%, a decrease compared to the 11.0% as of 31 March 2010. write your comments about the article :: © 2010 Construction News :: home page |