Mobimo Holding AG: Pleasing half-year result for Mobimo
Mobimo Holding AG / Key word(s): Half Year Results
30-Jul-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Ad hoc press release pursuant to article 53 Listing Rules
Pleasing half-year result for Mobimo
›› Net rental income up year on year at CHF 55.9 million (prior year: CHF 52.0 million) due to a less pronounced "Covid effect".
›› Profit from development projects and the sale of trading properties was CHF 54.4 million (prior year: CHF 2.7 million).
›› Vacancy rate dropped from 5.5% to 5.0%.
Lucerne, 30 July 2021 - Mobimo has had a successful first half-year 2021. In the rental business, the "Covid effect" was less pronounced than in the previous year, which lifted net rental income to CHF 55.9 million. Development activities for third parties contributed a substantial CHF 54.4 million to profit.