EANS-Adhoc: S IMMO AG expects consolidated net income for the financial year 2014 to increase by approximately 20%

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Earnings Forecast 23.02.2015

Stock exchange listed S IMMO AG (Bloomberg: SPI:AV, Reuters: SIAG.VI; ISIN: AT0000652250, AT0000795737, AT0000630694, AT0000A19SB5, AT0000A177D2) announces that due to the positive developments in the markets of S IMMO, consolidated EBIT is expected to increase by approximately 45% compared to the previous year (2013: EUR 95.79m). In contrast, negative effects are expected in the financial and tax results, so that, in total, consolidated net income for 2014 is expected to increase by approximately 20% compared to the previous year (2013: EUR 28.05m).

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(END) Dow Jones Newswires

   February 23, 2015 14:08 ET (19:08 GMT)- - 02 08 PM EST 02-23-15