Brief: Cofinimmo FY Net Result Group Share Turns To Loss Of EUR 55 Mln

Cofinimmo SA

23/02/2024 06:52

Feb 23 (Reuters) - Cofinimmo SA  COFB.BR :
    * PUBLISHED 2023 ANNUAL RESULTS
    * 2023 GROSS RENTAL REVENUES UP 8.5% (5.5% ON A
LIKE-FOR-LIKE
BASIS)
    * 2023 HIGH OCCUPANCY RATE OF 98.5%
    * 2023 NET RESULT FROM CORE ACTIVITIES GROUP SHARE AT EUR
241 MLN
VS EUR 222 MLN YEAR AGO
    * OUTLOOK 2024 : NET RESULT FROM CORE ACTIVITIES GROUP SHARE
PER
SHARE OF EUR 6.40
    * 2023 NET RESULT GROUP SHARE AT EUR EUR -55 MLN VS EUR +483
MLN
YEAR AGO
    * GROSS DIVIDEND FOR THE 2023 FINANCIAL YEAR, PAYABLE IN
2024,
CONFIRMED AT EUR 6.20 PER SHARE
    * OUTLOOK 2024 : DISTRIBUTION OF A GROSS DIVIDEND OF EUR
6.20 PER
SHARE
    * OUTLOOK 2024 : 2024 INVESTMENT BUDGET NEAR NEUTRAL ON THE
DEBT-TO-ASSETS RATIO ESTIMATED BY THE END OF 2024
    * EUR 338 MLN GROSS INVESTMENTS, MAINLY IN HEALTHCARE REAL
ESTATE
IN EUROPE DURING FINANCIAL YEAR 2023
    * 2023 CAPITAL INCREASES (NON-BUDGETED) FOR EUR 247 MLN

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL1Skmlh
Further company coverage:  COFB.BR 

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