Brief: Ascencio FY Net Result Up At 45.65 Million Euros

Ascencio SA

25/11/2021 17:13

Nov 25 (Reuters) - Ascencio SCA  ASCC.BR :
    * CONSOLIDATED RESULTS FOR FINANCIAL YEAR 2020-2021
    * FY RENTAL INCOME: €46.29 MILLION, UP BY 3.9% (BEFORE COVID
IMPACT)
    * FY NET RESULT: €45.65 MILLION, A STRONG INCREASE COMPARED
WITH
THE PREVIOUS YEAR (€9.25 MILLION)
    * FY EPRA EARNINGS: €30.56 MILLION, UP BY 3.9%
    * END-FY DEBT RATIO: DOWN TO 47.6% AS AGAINST 48.5% AT
30/09/2020
    * AVERAGE COST OF DEBT: UNCHANGED AT 1.81% IN 2020/2021
COMPARED
WITH 1.84% IN 2019/2020
    * EPRA EARNINGS: €4.63 PER SHARE, COMPARED WITH €4.46 PER
SHARE AT
30/09/2020
    * END-FY EPRA OCCUPANCY RATE: LOWER, AT 96.0%, COMPARED WITH
97.5%
AT 30/09/2020
    * OFFERS GOOD PROSPECTS FOR LONG-TERM INVESTMENT AND
PERFORMANCE
IN TERMS OF DIVIDEND
    * PROPOSED DISTRIBUTION OF A GROSS DIVIDEND OF €3.70 PER
SHARE, UP
BY 1.4% ON THE PREVIOUS YEAR
    * BELIEVES THAT INVESTMENT OPPORTUNITIES MAY ARISE, BOTH IN
MARKETS IN WHICH IT IS ALREADY ACTIVE AND POTENTIALLY IN NEW
MARKET
    * MUST THEREFORE BE ABLE TO SEIZE THESE OPPORTUNITIES IF
THEY
ARISE
    * FY OPERATING RESULT BEFORE RESULT ON PORTFOLIO EUR 37.2
MILLION
VERSUS EUR 35.6 MILLION YEAR AGO

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

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))