Brief: Eurocastle H1 Net Profit At 59.9 Million Euros

Eurocastle Investment

09/08/2019 07:13

Aug 9 (Reuters) - EUROCASTLE INVESTMENT LTD  ECT.AS :
    * EUROCASTLE RELEASES FIRST HALF 2019 FINANCIAL RESULTS
    * NORMALISED FFO OF €4.3 MILLION, OR €0.10 PER SHARE, FOR
THE
SECOND QUARTER OF 2019
    * H1 NET ASSET VALUE ("NAV") OF EUR 428.2 MILLION, OR EUR
9.81 PER
SHARE
    * H1 TOTAL INCOME EUR 65.5 MILLION
    * IS SEEKING TO BUY BACK SHARES UP TO AN AGGREGATE MARKET
VALUE
EQUIVALENT TO €2.0 MILLION
    * H1 NET PROFIT FOR THE PERIOD EUR 59.9 MILLION
    * SHARE BUYBACK PROGRAMME TO COMMENCE FOLLOWING SETTLEMENT
OF
TENDER OFFER WHICH IS EXPECTED TO OCCUR ON 16 SEPTEMBER 2019

Source text for Eikon:  ID:nGNE2Kggjc 
Further company coverage:  ECT.AS 

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