Brief: Genova Proposes Dividend Of SEK 0.88 Per Share

Genova Property AB

19/02/2025 07:31

Feb 19 (Reuters) - Genova Property Group AB  GPGR.ST :
    * PROPOSES TO AGM THAT A DIVIDEND OF SEK 0.88 PER SHARE BE
PAID
QUARTERLY FOR 2024 FINANCIAL YEAR.
    * Q4 RENTAL INCOME AMOUNTED TO SEK 125.2M (125.9), DOWN 0.6%
    * Q4 NET OPERATING INCOME AMOUNTED TO SEK 85.9M (86.9), DOWN
1.2%.
    * 4 INCOME FROM PROPERTY MANAGEMENT AMOUNTED TO SEK 55.8M
(18.1),
AN INCREASE OF 207%
    * IS ENTERING 2025 WITH A CLEAR FOCUS ON CONTINUED GROWTH
AND
INCREASED INCOME FROM PROPERTY MANAGEMENT PER SHARE
    * WILL INVEST IN PROPERTY SEGMENT WHERE CONDITIONS FOR
PROFITABLE
AND SUSTAINABLE GROWTH ARE DEEMED BEST
    * WELL POSITIONED TO CREATE LONG-TERM SHAREHOLDER VALUE

Source text:  ID:nWkrbDnfd7 
Further company coverage:  GPGR.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))