Brief: Ascencio FY Net Result Up At EUR 90.7 Mln

Ascencio SA

24/11/2022 17:49

Nov 24 (Reuters) - ASCENCIO SCA  ASCC.BR :
    * ANNUAL RESULTS 2021/2022
    * FY RENTAL INCOME: €47.8 MILLION, UP BY 3.4% COMPARED WITH
€46.3
MILLION AT 30/09/2021
    * FY EPRA EARNINGS: €33.8 MILLION, UP BY 10.5% COMPARED WITH
€30.6
MILLION AT 30/09/2021
    * PROPOSED DISTRIBUTION OF A GROSS DIVIDEND OF €3.95 PER
SHARE, UP
BY 6.8% ON THE PREVIOUS FINANCIAL YEAR
    * END-FY FAIR VALUE OF THE PORTFOLIO: €738.9 MILLION
COMPARED WITH
€713.6 MILLION AT 30/09/2021
    * END-SEPT NET RESULT: €90.7 MILLION COMPARED WITH €45.7
MILLION
AT 30/09/2021, A SIGNIFICANT INCREASE OF 99%
    * END-FY DEBT RATIO: 44.9%, DOWN SIGNIFICANTLY FROM 47.6% AT
30/09/2021
    * AT 30 SEPTEMBER 2022, EQUITY STOOD AT €437.0 MILLION,
SIGNIFICANTLY UP FROM THE €370.4 MILLION AT THE END OF THE
PREVIOUS FINANCIAL YEAR
    * SHORT-TERM PRIORITY REMAINS TO MAINTAIN ITS CURRENT
EXCELLENT
OPERATIONAL PERFORMANCE
    * IS CONFIDENT THAT INVESTMENT OPPORTUNITIES WILL ARISE,
BOTH IN
THE MARKETS IN WHICH IT IS ALREADY ACTIVE AND IN NEW MARKETS
    * INTENDS TO ACCELERATE THE PACE OF ESG ACTIONS WITHIN ITS
PORTFOLIO AND TEAM
    * OFFERS ATTRACTIVE LONG-TERM INVESTMENT AND DIVIDEND GROWTH
PROSPECTS

Source text for Eikon:  ID:nGNE92XJwS 
Further company coverage:  ASCC.BR 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))