Swiss Prime Site AG Announces Group Earnings Results for the First Half Ended June 30, 2016
Swiss Prime Site AG announced group earnings results for the first half ended June 30, 2016. For the period, total operating income was CHF 497.4 million against CHF 497.9 million a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA) were CHF 226.3 million against CHF 315.9 million a year ago. Earnings before interest and taxes (EBIT) were CHF 207.0 million against CHF 300.2 million a year ago. Profit was CHF 132.0 million against CHF 191.0 million a year ago. Return on equity (ROE) was 5.4% against 8.9% a year ago. Earnings before interest and taxes (EBIT) excluding revaluation effects were CHF 174.2 million against CHF 200.5 million a year ago. Profit excluding revaluation effects was CHF 120.3 million against CHF 133.4 million a year ago. Return on equity (ROE) excluding revaluation effects was 4.9% against 6.3% a year ago. Earnings per share excluding revaluation effects were CHF 4.9 against CHF 6.3 a year ago.