EPIC Suisse releases high level Q1 2023 numbers in line with majority shareholder's reporting obligations

Zurich, 24 May 2023
EPIC Suisse releases high level Q1 2023 numbers in line with majority shareholder's reporting obligations
EPIC Suisse AG (the “Company” and “EPIC”, the consolidated group; SIX: EPIC), publishes today highlevel figures1 for the period 1 January 2023 to 31 March 2023 in parallel with its majority shareholder, Alrov Properties & Lodgings Ltd (the “Alrov Group”):
- Fair value of the portfolio as at 31 March 2023 totals CHF 1.52 billion split into Investment properties in operation at CHF 1’450 million (31 Dec 2022: CHF 1’448 million) and Investment properties under development / construction at CHF 66 million (31 Dec 2022: CHF 54 million)
- Total income (defined as rental income and other income) for Investment properties in operation for the 3-month period 2023 amounts to CHF 16.8 million (Q1 2022: CHF 15.6 million)
- Total bank debt as at 31 March 2023 is CHF 595 million (31 Dec 2022: CHF 596 million)
- The IFRS NAV stands at CHF 827 million as at 31 March 2023 (31 Dec 2022: CHF 818 million)
Financial calendar Half-Year Report 2023: 21 August 2023
Selected high level numbers YTD 30 September 2023: 23 November 2023
Annual Report 2023: 25 March 2024
Annual General Meeting of Shareholders 2024: 25 April 2024 
Contact information Valérie Scholtes, CFO, EPIC Suisse AG, Phone: +41 44 388 81 00, E-mail: investors@epic.ch