Brief: Ascencio 9-Month Net Result Down At 25.50 Million Euros

Ascencio SA

02/08/2018 16:51

Aug 2 (Reuters) - ASCENCIO SCA  ASCC.BR :
    * 9-MONTH (NOT H1) EPRA EARNINGS €19.39 MILLION, DOWN BY
3.0%
    * 9-MONTH (NOT H1) RENTAL INCOME: €30.69 MILLION, UP
SLIGHTLY (BY
0.5%)
    * BARRING ANY MAJOR UNFORESEEN DEVELOPMENTS, PROGRESS OF
RESULTS
ALLOWS US TO ENVISAGE A MODERATE GROWTH IN THE DIVIDEND
    * AT 30 JUNE 2018, THE OCCUPANCY RATE OF THE PORTFOLIO STOOD
AT
97.4%
    * FAIR VALUE OF THE PROPERTY PORTFOLIO STOOD AT €618.7
MILLION AT
30 JUNE 2018
    * NET RESULT CAME TO €25.50 MILLION, COMPARED WITH €35.25
MILLION
FOR THE NINE MONTHS TO 30 JUNE 2017
    * BASED ON CURRENT ASSUMPTIONS AND BARRING ANY MAJOR
UNFORESEEN
DEVELOPMENTS, PROGRESS OF RESULTS ALLOWS US TO ENVISAGE A
MODERATE GROWTH IN THE DIVIDEND

Source text for Eikon:  ID:nGNE4NFR3F 
Further company coverage:  ASCC.BR 

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