Brief: Atenor FY Operating Result Up At 64.2 Million Euros

Atenor SA

10/03/2022 16:45

March 10 (Reuters) - ATENOR  ATEO.BR :
    * FY NET CONSOLIDATED RESULT GROUP SHARE EUR 38.1 MILLION
VERSUS
EUR 24.1 MILLION YEAR AGO
    * FY REVENUE FROM ORDINARY ACTIVITIES AMOUNTED TO EUR 174.1
MILLION AT END-DECEMBER
    * FY OPERATING RESULT EUR 64.2 MILLION VERSUS EUR 40.2
MILLION
YEAR AGO
    * EUR 270.45 MILLION OF NEW INVESTMENTS IN 2021
    * PORTFOLIO CURRENTLY CONTAINS 1,300,000 M², OF WHICH 54% OF
OFFICE SPACE AND 40% OF RESIDENTIAL
    * TO PROPOSE GROSS DIVIDEND OF EUR 2.54 PER SHARE (+5% YOY),
WITH
A YIELD OF 4.9%
    * ON RUSSIA-UKRAINE CRISIS: AT THIS STAGE, THE CONFLICT IS
NOT
HAVING A DIRECT IMPACT ON OUR ACTIVITIES
    * CASH POSITION AT END-DECEMBER EUR 92.1 MILLION
    * ON RUSSIA-UKRAINE CRISIS: ATENOR HAS NO BUSINESS RELATIONS
WITH
RUSSIAN OR UKRAINIAN COMPANIES OR ENTREPRENEURS
    * OUTLOOK 2022: GROUP'S POSITIONING IN REAL ESTATE
DEVELOPMENT
SECTOR WILL UNDERPIN FURTHER GROWTH, SUBJECT TO MACRO-ECONOMIC
CONSEQUENCES OF CURRENT EVENTS IN UKRAINE
    * END-DECEMBER NET CONSOLIDATED FINANCIAL INDEBTEDNESS AT
EUR
742.4 MILLION VERSUS EUR 589.5 MILLION LAST YEAR


Further company coverage:  ATEO.BR 

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