EANS-Adhoc: Fair Value REIT-AG
Fair Value REIT-AG achieves for the FY 2011 HGB
earnings on a par with the previous year and suggests dividend of EUR 0.08 per
share (preliminary figures)
27.02.2012 – 21:50
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information/preliminary figures 27.02.2012 Ad hoc notification pursuant to Section 15 of the German Securities Trading Act (Published on February 27, 2012) Fair Value REIT-AG Leopoldstrasse 244 80807 Munich, Germany WKN: A0MW97 ISIN: DE000A0MW975 Fair Value REIT-AG achieves for the FY 2011 HGB earnings on a par with the previous year and suggests dividend of EUR 0.08 per share (preliminary figures) Munich, February 27, 2012 - According to preliminary figures, Fair Value REIT-AG (WKN A0MW97, ISIN DE000A0MW975) achieved an operating result of EUR 0.95 million in its non-consolidated financial statements for the financial year 2011 in accordance with HGB (German Commercial Code). This figure is up by a substantial EUR 0.30 million on the prior year figure of EUR 0.65. Commercial net income came in at EUR 0.70 million, close to the previous year level of EUR 0.73 million. In the financial year 2011, the balance sheet profit will presumably come in at EUR 0.77 million (previous year: EUR 1.0 million). In accordance with the guidelines laid down in the REIT Act, a dividend of presumably EUR 0.08 per share will be proposed at the Annual General Meeting on May 14, 2012 (previous year: EUR 0.10 per share). This represents around 98% of the anticipated balance sheet profit (previous year: 93.5%). The final results for the financial year 2011 will be published by Fair Value REIT-AG on March 29, 2012 in the Financial Reports section of {www.fvreit.de}[HYPERLINK: file:///\\Dc-fairvalue\Server\Presse-Marketing\Pressemitteilungen\2010\Corporate%20News\www.fvreit.de]. < End of the ad hoc notification > Further inquiry note: Contact Fair Value REIT-AG Frank Schaich Tel.: +49(0)89-9292815-10 Fax: +49(0)89-9292815-15 E-Mail: schaich@fvreit.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Fair Value REIT-AG Leopoldstraße 244 D-80807 München phone: +49 (0) 89 9292815 01 FAX: +49 (0) 89 9292815 15 mail: info@fvreit.de WWW: http://www.fvreit.de sector: Real Estate ISIN: DE000A0MW975 indexes: CDAX, Classic All Share, Prime All Share, RX REIT All Share Index, RX REIT Index stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt language: English
Original-Content von: Fair Value REIT-AG, übermittelt durch news aktuell