EPIC Suisse releases high level Q3 2024 numbers in line with majority shareholder's reporting obligations

EPIC SUISSE

Communication officielle / Offizielle Mitteilungen

26/11/2024

EPIC Suisse AG (the “Company” and “EPIC”, the consolidated group; SIX: EPIC), publishes today highlevel figures1 for the period 1 January 2024 to 30 September 2024 in parallel with its indirect majority shareholder, Alrov Properties & Lodgings Ltd (the “Alrov Group”):

 

▪ Fair value of the portfolio as at 30 September 2024 totals CHF 1.591 billion split into Investment properties in operation at CHF 1’451 million (31 Dec 2023: CHF 1’441 million) and Investment

properties under development / construction at CHF 140 million (31 Dec 2023: CHF 94 million)

▪ Total income (defined as rental income and other income) for Investment properties in operation for the 9-month period 2024 amounts to CHF 50.5 million (9-months 2023: CHF 50.4 million)

▪ Total bank debt as at 30 September 2024 is CHF 655 million (31 Dec 2023: CHF 610 million)

▪ The IFRS NAV stands at CHF 802 million as at 30 September 2024 (31 Dec 2023: CHF 805 million)

 

 

Financial calendar

Annual Report 2024:                                                                                          5 March 2025

Annual General Meeting of Shareholders 2025:                                                28 March 2025

 

Contact information

Valérie Scholtes

CFO, EPIC Suisse AG

Phone: +41 44 388 81 00

E-mail: investors@epic.ch