26 June 2017
The Interogo Holding AG group Annual Report 2016 has been released today. Interogo Holding AG is a Swiss holding company fully dedicated to investments in real estate, and listed and non-listed companies. We furthermore provide fund and treasury management services.
The overall investment strategy of Interogo Holding is to create financial stability and long-term value. With this, we support the independence and longevity of our owner, Interogo Foundation.
Numbers in brief, EUR million
Shareholder´s equity (incl result of the year)
Newly acquired subsidiaries in the Nordic countries are responsible for the strong sales increase, from EUR 226m in 2015 to EUR 434m in 2016.
The overall net capital expenditure amounted to EUR 451m. This mainly relates to investments in land and construction around Europe. The property portfolio exceeds 410 Tm2 of rentable space, with a further 375 Tm2 under development.
In May 2016, the structure of the former Inter IKEA Holding SA group was changed. There are now two separate groups, each with their own holding company, board and management. Interogo Holding AG in Switzerland is the holding company of the investment businesses. Inter IKEA Holding B.V. in the Netherlands is the holding company of the IKEA related businesses. Interogo Foundation is the ultimate owner of both groups.
“The purpose of this reorganisation is to enhance business focus and efficiency. In addition, the change will also increase simplicity and transparency towards our stakeholders,” says Søren Hansen, CEO of Interogo Holding AG.
As part of the structural change during 2016, and to support the acquisition of the IKEA Range, Supply and Industry activities, Interogo Holding AG made a capital injection of EUR 1 000m in Inter IKEA Holding BV.
The Interogo Holding AG Annual Report 2016 can be ordered on the Interogo Holding website.
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