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

EPIC Suisse

Communication officielle / Offizielle Mitteilungen

25/05/2023

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