Brief: Immobel FY EBITDA Down 58% At 52.8 Million Euros

Compagnie Immobiliere de Belgique

04/03/2021 17:47

March 4 (Reuters) - COMPAGNIE IMMOBILIERE DE BELGIQUE SA
 IMMO.BR :
    * IMMOBEL HAS DECIDED TO INCREASE ITS DIVIDEND BY 4%,
RESULTING IN
A DIVIDEND OF EUR 2.77 PER SHARE
    * IMMOBEL REALISED IN FY  2020 REVENUES OF  EUR 375.4
MILLION,
EBITDA OF EUR 52.8 MILLION AND NET GROUP PROFIT SHARE OF EUR
33.3 MILLION OR EUR 3.58 PER SHARE
    * FY REVENUE EUR 375.4 MILLION VERSUS EUR 419.5 MILLION YEAR
AGO
    * FY EBITDA EUR 52.8 MILLION VERSUS EUR 124.6 MILLION YEAR
AGO
    * FY NET PROFIT PER SHARE EUR 3.58 VERSUS EUR 11.66 YEAR AGO
    * PERMITTING PIPELINE OF MORE THAN EUR 1.4 BILLION IN SALES
VALUE
OF MAINLY RESIDENTIAL PROJECTS AS A CATALYST FOR SOLID GROWTH
FROM 2022 ONWARDS
    * IN 2021, THE COMPANY WILL ALSO CONTINUE TO IMPROVE ITS
GOVERNANCE AND REPORTING STANDARDS ON SUSTAINABILITY ACCORDING
TO THE GRESB METHODOLOGY

Source text [https://bit.ly/38aSigq]
Further company coverage:  IMMO.BR 

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