05.11.2014
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DGAP-Adhoc: ISARIA Wohnbau AG: ISARIA Wohnbau AG increases forecast for revenues and earnings for 2014
ISARIA Wohnbau AG / Key word(s): Change in Forecast/Development of Sales
05.11.2014 09:07
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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ISARIA Wohnbau AG increases forecast for revenues and earnings for 2014
Munich, 05.11.2014 - ISARIA Wohnbau AG, Munich, has successfully sold the
real estate of a completed project development through a participation. The
Executive Board assumes that the contract will be transacted
in the next months.
For the Group's accounts in 2014 the company now expects revenues of up to
150 million Euro and results after taxes of a high single-digit-euro
figure. So far the company forecasted revenues of around 100 million Euro
and results after taxes in the mid single-digit-euro range.
- End of communiqué for immediate release -
About ISARIA Wohnbau AG
ISARIA Wohnbau AG is a leading project developer for residential
construction projects in Munich. The company was formed in 1995 and has
been listed in Deutsche Börse's Prime Standard since 2010. The range of
projects realised includes multi-storey apartments and terraced houses,
through to the revitalisation of existing buildings, which means that
ISARIA Wohnbau can offer residential properties to meet the needs of a wide
variety of customer groups as both owner-occupied properties or for
investment. Since the end of 2013, Hamburg-based One Group GmbH together
with its subsidiaries has been part of the ISARIA Group. The business
activities of One Group GmbH and its subsidiaries mostly comprise the issue
of project development funds for residential construction projects. More
information is available online: www.isaria.ag and www.onegroup.ag
Contact
ISARIA Wohnbau AG
Leopoldstraße 8 | 80802 Munich
Telephone: +49 (0)89 38 99 84-0 | Telefax: +49 (0)89 38 99 84-760
E-mail: [email protected] | Web: www.isaria.ag
05.11.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ISARIA Wohnbau AG
Leopoldstraße 8
80802 München
Germany
Phone: +49 (0)89 38 99 84-0
Fax: +49 (0)89 38 99 84-760
E-mail: [email protected]
Internet: www.isaria-wohnbau.de
ISIN: DE000A1E8H38
WKN: A1E8H3
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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