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Topics and projects
Positive profit warning: encouraging news from all four Implenia divisions
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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.