Brief: Immobel FY Underlying EBITDA Of EUR 35 Mln

Compagnie Immobiliere de Belgique

11/03/2024 07:16

March 11 (Reuters) - Compagnie Immobiliere de Belgique
 IMMO.BR :
    * FY UNDERLYING EBITDA OF EUR 35 MILLION, UNDERLYING NET
RESULT OF
EUR 12 MILLION
    * OVERHEAD COSTS REDUCED BY 36% TO EUR 32 MILLION ANNUALLY,
WITH A
ONE-TIME COST OF EUR 10 MILLION FOR  THESE MEASURES TO BE
INCURRED THIS YEAR
    * SOME INDICATORS, INCLUDING THE POTENTIAL FOR LOWER 
INTEREST
RATES LATER THIS YEAR, HINT AT A MARKET REBOUND IN 2025
    * PROPOSES AN OPTIONAL GROSS DIVIDEND OF EUR 1.20 PER SHARE

Further company coverage:  IMMO.BR 

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