22.07.2016 14:33:46
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EANS-Adhoc: S IMMO AG/ High results on property valuation expected for the first half year of 2016
=------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------------
Earnings Forecast/Results on property valuation half year 22.07.2016
The management board of S IMMO AG expects a high result on property valuation for the first half year of 2016. This is due to the positive developments in the markets of S IMMO - in Germany but in other markets as well. The results on property valuation are expected to be in the same order of magnitude as the results on property valuations for the financial year 2015 (EUR 84.6m).
The final half-year results will be published on 25 August 2016.
end of announcement euro adhoc =-------------------------------------------------------------------------------
(END) Dow Jones Newswires
July 22, 2016 08:02 ET (12:02 GMT)- - 08 02 AM EDT 07-22-16
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