Brief: Fonciere Atland H1 Recurring EBITDA Up At 11.6 Million Euros

Atland SA

06/09/2019 10:13

Sept 6 (Reuters) - FONCIERE ATLAND SA  FATL.PA :  
    * REPORTED TODAY H1 RESULTS 
    * H1 RECURRING EBITDA EUR 11.6 MLN VS EUR 6.9 MLN YEAR AGO
    * H1 REVENUE EUR 16.4 MLN VS EUR 11.4 MLN YEAR AGO
    * H1 NET CONSOLIDATED PROFIT GROUP SHARE EUR 6.1 MLN VS EUR
2.8
MLN YEAR AGO
    * ANNOUNCED TODAY THE PROJECT OF ACQUIRING ATLAND
DEVELOPPEMENT
FOR EUR 40 MLN 
    * AQUISITION WILL ALSO COME WITH A EUR 75 MLN BANK FUNDING
AND
CAPITAL INCREASE OF BETWEEN EUR 30 AND 40 MLN
    * BANK FUNDING SECURED BY CAISSE D'EPARGNE ILE-DE-FRANCE AND
BANQUE INTERNATIONALE DE LUXEMBOURG
    * CO CONFIRMS TARGET OF EUR 2 MLN IN MANAGED ASSETS BY THE
END OF
2021

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL80JPpb
    
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