Press Release : Annual Results 2023/2024
Date
11/28/2024 11:45:55 AM
(MENAFN- GlobeNewsWire - Nasdaq) Solid property and financial performance
& dividend up for the 10th consecutive year
97.8% | | 6. 99% | | 2.22% | | 95.5% | | 8.8% |
EPRA OCCUPANCY RATE | | GROSS YIELD ON THE PORTFOLIO | | AVERAGE COST OF DEBT | | INTEREST RATES HEDGING RATIO | | GROSS DIVIDEND YIELD |
Operating results
Rental income : €53.3 million, up by 3.9% from €51.3 million at 30/09/2023 EPRA Earnings : €36.2 million, stable compared to €36.0 million at 30/09/2023 EPRA Earnings (per share) : €5.49 (vs €5.46 at 30/09/2023) Net result : €25.5 million (vs €33.8 million at 30/09/2023), this decrease being solely due to revaluation differences compared to the previous financial year (-€10.7 million compared to -€2.2 million)
Balance sheet information
Fair value of the portfolio : €748.6 million (vs €740.9 million at 30/09/2023) Debt ratio (EPRA LTV) : 42.1%, down from 43.4% at 30/09/2023 Net asset value (EPRA NTA) per share : €65.80 (vs €63.59 at 30/09/2023)
Dividend
Dividend increase for the 10th consecutive year : Proposed distribution of a gross dividend of €4.30 per share, up by 3.6% compared to €4.15 per share the previous financial year
Attachment
Press Release Annual Results 2023-2024
MENAFN28112024004107003653ID1108936635
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.