BRIEF-S Immo FY EBITDA up at EUR 92.5 mln
April 5 S Immo AG:
* Dividend totalling 0.40 planned euros
* EBITDA for financial year 2016 consequently increased to 92.5 million euros (2015: 88.7 mln euros)
* FY consolidated net income of 204.3 mln euros (2015: 77.2 mln euros)
* In current year, S IMMO plans to take advantage of favourable situation on several of its markets and is currently examining sale of some, also larger, properties
* Acquisitions are planned in cases where price level is still attractive and where opportunities are good
* FY revenues from hotel operations (Vienna Marriott and Budapest Marriott Hotel) amounted to 42.9 mln euros (2015: 45.5 mln euros) Source text for Eikon: Further company coverage: (Gdynia Newsroom)