Brief: Covivio FY Consolidated Up At EUR 968 Mln

Covivio SA

21/02/2023 17:41

Feb 21 (Reuters) - Covivio SA  CVO.PA :
    * 2023 GUIDANCE: ADJUSTED EPRA EARNINGS OF AROUND EUR 410
MILLION,
FLAT RESTATED FROM DELEVERAGING EFFECT.
    * 2023 OUTLOOK: FURTHER SOLID OPERATING DYNAMIC IN 2023,
IMPLEMENTATION OF STRATEGIC PRIORITIES ANNOUNCED IN DECEMBER
    * DIVIDEND PROPOSAL AT EUR 3.75, WITH A SCRIP OPTION,
ALREADY
SECURED AT 51%
    * 2022 REVENUES OF EUR 968 MILLION ON A CONSOLIDATED BASIS
AND
€633 MILLION IN GROUP SHARE, UP 12.7% LIKE-FOR-LIKE
    * EUR 485 MILLION IN PRELIMINARY SALES AGREEMENTS IN FY2022
    * 2022 RECURRING NET INCOME (ADJUSTED EPRA EARNINGS): EUR
430
MILLION (EUR 4.58 PER SHARE), UP 5%

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