Brief: Fonciere Volta H1 Operating Income Swings To Profit Of 60.4 Million Euros

Fonciere Volta SA

15/11/2019 17:23

Nov 15 (Reuters) - FONCIERE VOLTA SA  SPOE.PA :
    * H1 NET PROFIT GROUP SHARE EUR 34.7 MILLION VERSUS 281,000
YEAR
AGO
    * H1 RENTAL INCOME EUR 3.2 MILLION VERSUS EUR 3.2 MILLION
YEAR AGO
    * H1 OPERATING INCOME EUR 60.4 MILLION VERSUS LOSS EUR
73,000 YEAR
AGO
    * INTENDS TO ACCELERATE DEVELOPMENT OF NEW VALUE-ADDED REAL
ESTATE
PROJECTS, MAINLY IN PARIS AND ILE DE FRANCE, BY FOCUSING MAINLY
ON COMMERCIAL ASSETS
    * AIMS TO GENERATE RECURRING CAPITAL GAINS IN ORDER TO
ENSURE A
MINIMUM ANNUAL DIVIDEND DISTRIBUTION

Source text for Eikon:  ID:nACT61021 
Further company coverage:  SPOE.PA 

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