Brief: Frey FY net profit group share rises to 32.7 million euros
10/03/2017 07:01
March 10 (Reuters) - Frey SA FREY.PA :
* FY net profit group share 32.7 million euros ($34.6
million)versus 20.5 million euros year ago
* FY consolidated revenue 26.6 million euros versus 39.5
million euros year ago
* FY current operating profit 12.6 million euros versus 11.7
million euros year ago
* Proposed dividend of 0.77 euros per share, up 10 percent
* In medium-term aims to manage portfolio of more than 3.0
billion euros, of which 1.5 billion euros held as share of
Company, while maintaining an LTV of less than 50 percent
* Intends to proceed with capital increase for gross amount
(nominal amount and issue premium included) of approximately 100
million euros in Q2 2017
* In 2017 is expected to deliver two outdoor shopping
centers totaling 51,000 m² (48,700 m² of which are held as
assets for investment of 65 million euros for the Group)
* In 2017 projects to launch sites of 4 projects
representing total 139.000 m² (of which 118.000 m² conserved in
heritage for investment of 203 million euros for the Group)
Source text for Eikon: urn:newsml:reuters.com:*:nNDL5yS0Z3
Further company coverage: FREY.PA
($1 = 0.9441 euros)
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