Brief: Frey FY Current Operating Income Grows To 29.0 Million Euros

Frey SA

09/03/2020 06:26

March 9 (Reuters) - FREY SA  FREY.PA :
    * FREY SA SAYS FY CURRENT OPERATING INCOME: € 29.0 MILLION
(+59%)
    * FREY SA SAYS DIVIDEND 1,50 €/SHARE (+25%)
    * FREY SA SAYS FY OCCUPANCY RATE: 97.7%.
    * FY NET RESULT GROUP SHARE EUR  49.7 MILLION VERSUS EUR
45.1
MILLION YEAR AGO
    * FY CONSOLIDATED REVENUE EUR  69.4 MILLION VERSUS EUR 56.7
MILLION YEAR AGO
    * FREY SA SAYS TRIPLE NET EPRA NET ASSET VALUE AT DECEMBER
31,
2019 WAS €778.6 MILLION, UP 29% COMPARED TO DECEMBER 31, 2018
(€601.8 MILLION)
    * FY RECURRING OPERATING RESULT EUR 29.0 MILLION VERSUS EUR
18.3
MILLION YEAR AGO
    * ON CORONAVIRUS:  TO DATE, FREY HAS NOT IDENTIFIED ANY
SIGNIFICANT POTENTIAL IMPACT OF CORONAVIRUS EPIDEMIC ON 
IMPLEMENTATION OF ITS 2020 BUSINESS PLAN (ACTIVITY AND
ATTENDANCE, DELIVERIES, SITE LAUNCHES, ETC.)
    * ON CORONAVIRUS:  HOWEVER, THE GROUP IS NOT IN POSITION TO
ENSURE
THAT SUCH AN IMPACT CAN BE EXCLUDED, IN PARTICULAR IN EVENT OF
IMPLEMENTATION OF EXTENDED HEALTH CONTAINMENT MEASURES IN FRANCE
OR IN COUNTRIES WHERE THE GROUP IS PRESENT (SPAIN AND PORTUGAL)

Source text: https://bit.ly/38x3KjF
Further company coverage:  FREY.PA 

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