An excellent 2023 annual result for Procimmo Group SA

An excellent 2023 annual result for Procimmo Group SA
An excellent 2023 annual result for Procimmo Group SA

Consolidated net profit amounts to 13.8 million francs for the year 2023, compared to 12.3 million francs in 2022, an increase of 12% for the real estate group.

As of December 31, 2023, despite a tumultuous economic context characterized by increased volatility and an inflationary period, Procimmo Group SA recorded excellent financial results. Consolidated net profit amounts to 13.8 million francs for the year 2023, compared to 12.3 million francs in 2022, an increase of 12%. This increase is mainly due to the increase in recurring management income as well as the increase in rental income from investment properties.

Due to the good performance of business and the solidity of the balance sheet, the Board of Directors of Procimmo Group SA will propose to the Ordinary General Meeting of June 5, 2024 to pay a dividend of 0.1998 francs per registered share.

The balance sheet total as of December 31, 2023 amounts to 133.5 million francs (2022: 101.8 million francs). Equity amounts to 52.1 million francs (2022: 46.9 million francs).

The annual report and the notice for the AGM are available here.

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