Brief: Frey FY Rental Income Up 25.6%, To EUR 91.5 Mln

Frey SA

23/02/2023 16:33

Feb 23 (Reuters) - Frey SA  FREY.PA :
    * FY RENTAL INCOME: €91.5 MILLION (+25.6%)
    * FY PROFIT FROM RECURRING OPERATIONS: €65.0 MILLION
(+22.5%)
    * FY NET INCOME GROUP SHARE: €129.4 MILLION (+97.7%)
    * FY NET INCOME GROUP SHARE EXCLUDING MTM VALUATION: €68.3
MILLION
(+19.6%)
    * AT 31 DECEMBER 2022, THE GROUP HAD €277 MILLION IN
AVAILABLE
LIQUIDITY (€308M AT 31 DECEMBER 2021)
    * FY OPERATING INCOME OF €95.9 MILLION (COMPARED WITH €76.0
MILLION IN 2021)
    * FY CONSOLIDATED REVENUES €124.1 MILLION COMPARED TO €98.7
MILLION IN 2021
    * ESG COMMITMENTS: TARGET TO REDUCE GHG EMISSIONS BY 42% IN
SCOPES
1&2
    * ESG COMMITMENTS: HALVE THE CARBON INTENSITY OF THE
CONSTRUCTION
AND OPERATION COMPONENTS OF SCOPE 3
    * ESG COMMITMENTS: SOLAR ENERGY PRODUCTION POTENTIAL: 40,000
MWH
ON 100% OF THE PORTFOLIO BY 2028
    * FOREY® 1,667 HA IN EXPLOITATION: 48% OF 2030 TARGET
ACHIEVED
    * PROPOSED DIVIDEND FOR 2022: €1.70/SHARE (+6.2%) PAID
ENTIRELY IN
CASH

Source text for Eikon:  ID:nNDL7jDv26 
Further company coverage:  FREY.PA 
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