The Investis group announces solid results for the 2023 financial year

INVESTIS Holding SA has unveiled its financial results for the year 2023, highlighting robust operational performance despite an uncertain economic environment. The group recorded an increase in rental income of +3.1% on a comparable basis, as well as an impressive EBIT margin of 9.9% in its Real Estate Services segment. A constant dividend of CHF 2.50 per share was maintained, reflecting the positive outlook of the company.

The strategy of selling a portfolio of eleven buildings bore fruit, strengthening Investis' balance sheet and supporting its future growth. Furthermore, high demand for housing, exacerbated by record immigration to Switzerland, has allowed rents to rise. Although depreciations were observed due to the increase in interest rates, they did not impact the group's profitability which remains excellent.

The group also managed to increase its turnover by 1.7%, reaching CHF 231.5 million, thanks to organic growth and acquisitions. However, due to the increase in discount rates, an operating loss of CHF 1.5 million was recorded. Investis' commitment to sustainability was also highlighted, with efforts focused on reducing the ecological footprint of its real estate portfolio and improving its environmental performance.

Looking ahead to the 2024 financial year, Investis expects the market to normalize and anticipates persistent rental demand, particularly in the cantons of Geneva and Vaud. The group is optimistic, forecasting excellent operating results for 2024, thanks to its portfolio mainly composed of residences and its solid positioning in the Real Estate Services segment.