Brief: Atenor Reduces Consolidated Net Debt By EUR 46 Mln In Q1

Atenor SA

24/05/2024 17:03

May 24 (Reuters) - Atenor SA  ATEO.BR :
    * PUBLISHES INTERIM STATEMENT FOR Q1-2024
    * OUTLOOK 2024:  EBIT WILL BE LARGELY POSITIVE, DRIVEN BY
TRANSACTIONS RELATING TO 7 PROJECTS, ALTHOUGH IMPACTED BY HIGH
FINANCIAL AND TAX CHARGES
    * THE WEIGHTED AVERAGE INTEREST RATE OF ATENOR’S
CONSOLIDATED DEBT
AMOUNTS TO 5.15% FOR THE FIRST SEMESTER OF 2024
    * IN Q1 THE SALES OF AM WEHRHAHN AND WELLBE HAVE CONTRIBUTED
TO
THE REDUCTION OF THE CONSOLIDATED NET DEBT BY EUR 46 MILLION
    * IN Q1, 17 APARTMENTS SOLD, IN ADDITION TO THE 442
APARTMENTS
ALREADY SOLD IN 2023 AND TO BE DELIVERED IN 2024

Source text: tinyurl.com/ye2y2na9
Further company coverage:  ATEO.BR 

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