EQS-News: Infracore SA - Company specialized in healthcare infrastructure - Annual Report 2020
In 2020, Infracore granted a rent waiver to its main tenant Swiss Medical Network, in the context of the federal ban on elective surgery during spring 2020.
EQS Group-News: Infracore SA / Key word(s): Annual Results Infracore SA - Company specialized in healthcare infrastructure - Annual Report 2020 21.04.2021 / 17:40 Press release Fribourg, 21 April 2021 Infracore SA - Company specialized in healthcare infrastructure - Annual Report 2020 In a stable market environment, revaluation gains amount to CHF 1.7 million (2019: CHF 4.2 million). Efficient structures, a lower real estate cost/income ratio and reduced administration costs resulted in an EBITDA (before Covid-19 reduction) of CHF 54.0 million (2019: CHF 45.4 million), corresponding to a margin of 94.4% (2019: 98.6%). When considering the rent reductions, EBITDA reached CHF 45.2 million and remained stable compared to 2019. Net profit amounted to CHF 34.0 million (2019: CHF 31.6 million). Infracore will distribute a slightly higher dividend of CHF 2.75 per share. Change in shareholder structure High-yielding asset portfolio further enhanced For more information: Media & Investor Relations: c/o Dynamics Group, Zurich Infracore SA: [email protected], +41 79 635 04 10
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Language: | English |
Company: | Infracore SA |
Rue Georges-Jordil 4 | |
1700 Fribourg | |
Switzerland | |
Phone: | 026 350 02 02 |
E-mail: | [email protected] |
Internet: | www.infracore.ch |
ISIN: | CH0467966740 |
EQS News ID: | 1187318 |
End of News | EQS Group News Service |
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1187318 21.04.2021