Brief: CBO Territoria H1 Sales Up 25.2% To EUR 41.7 Mln

Cbo Territoria SA

12/09/2023 16:59

Sept 12 (Reuters) - Cbo Territoria SA  CBOT.PA :
    * HALF-YEAR 2023 RESULTS
    * H1 RECURRING NET PROFIT UP +21.0% TO €6.0 MILLION
    * H1 SALES AT EUR 41.7 MILLION (+25.2%)
    * NET FINANCIAL DEBT OF €155.8 MILLION (VERSUS. 156.3 AT THE
END
OF 2022)
    * WE ARE CONFIDENTLY PURSUING OUR GROWTH STRATEGY THANKS TO
OUR
AGILE, EXPERT TEAM, WHICH IS COMMITTED TO THE RESPONSIBLE
DEVELOPMENT OF OUR REGION - CEO
    * H1 RESULT OF ACTIVITIES: € 12.6 MILLION (+8.6%)
    * OUTLOOK: FOR THE YEAR AS A WHOLE, GIVEN THE MOMENTUM
OBSERVED IN
THE FIRST HALF OF 2023, THE GROUP IS RAISING ITS TARGET FOR
GROWTH IN GROSS COMMERCIAL RENTS (INCLUDING EMS) FROM +1% TO
+3.5%
    * H1 CASH POSITION OF EUR 21.0 MILLION (POST BOND REDEMPTION
AND
ORNANE 2023 ISSUE)
    * H1 NET INCOME GROUP SHARE: EUR9.8 MILLION (+17.1%)

Source text for Eikon:  ID:nACT81738 
Further company coverage:  CBOT.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))