Positive profit warning: encouraging news from all four Implenia divisions
Mr Wyss, why this warning now?
We had several reasons. The most important is that all our divisions are doing better than expected operationally. Another reason is the above-average income generated by our Real Estate Division from the sale of large real estate projects. It is part of the division's business model to sell real estate at a profit after several years of development work. We have concluded good deals. Revaluations of some owner-occupied operational properties only occurred in the course of the IFRS guidelines, which has a particularly positive effect on our equity ratio.
