Net profit excl.
Operating net profit increased by 7.2% or CHF 9.6 million compared to the previous year.
The portfolio of yield-producing properties in western Switzerland contributed for the first time for a full year to earnings since the expansion to western Switzerland in 2021.
Projects & Development
Earnings from Projects &
Earnings from the sale of development real estate had a significant positive impact on the result.
The board of Directors is proposing to the annual general meeting of 21 April 2023 an unchanged profit distribution.
On the reporting date, the closing price was CHF 150.40. Including the distribution of CHF 7.00 per share in total, the result was an overall performance of –22.0%.
Allreal has defined its CO2 reduction path until 2050.
A good fifth of the total workforce of almost 240 employees works on a part-time basis.
excl. revaluation effect
Allreal is anticipating that the operative net profit in the 2023 financial year will be down on the previous year due to higher net financial expense.