ORCO Germany S.A. / Final Results
27.03.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The Board of Directors of Orco Germany S.A. has approved the companies
consolidated financial statements for 2007 (not audited) on 27th March
2008.
According to the non-audited financial statements 2007 ORCO Germany S.A.
increased turnover by 8% to 79.9 Million EUR. The operating result grew
significantly from 27.0 Million EUR in 2006 to 87.1 Million EUR in 2007.
This result includes a revaluation profit of 86.4 Million EUR (2006: 31.5
Million EUR). Net Profit also increased substantially from 21.9 Million EUR
in 2006 to 55.9 Million EUR in 2007. The NAV per share amounted to 7.51 EUR
at the end of 2007 compared to NAV per share of 4.70 EUR at the end of
2006. This represents a growth of 59%.
For further information please go to www.orcogermany.de.
Contact
Sabrina Eilers
Head of Marketing & Communications
ORCO Germany
Tel. +49. 30. 440 123 190
E-mail seilers@orcogroup.com
www.orcogermany.de
Jan Findeisen
Director Real Estate Finance
ORCO Germany
Tel. +49. 30. 440 123 133
E-mail jfindeisen@orcogroup.com
www.orcogermany.de
DGAP 27.03.2008
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Language: English
Issuer: ORCO Germany S.A.
48, Bld. Grande-Duchesse Charlotte
1330 Luxembourg
Luxemburg
Phone: +49 (0)30-440 123 0
Fax: +49 (0)30-440 123 299
E-mail: contact@orcogroup.com
Internet: www.orcogroup.com
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulierter Markt in Frankfurt (Prime Standard)
End of News DGAP News-Service
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DGAP-Adhoc: ORCO Germany S.A.: Full year result 2007 (non-audited)
| Source: EQS Group AG