Brief: Genova Q1 Net Oper Income Up At SEK 94.1 Mln

Genova Property AB

02/05/2024 09:01

May 2 (Reuters) - Genova Property Group AB  GPGR.ST :
    * Q1 RENTAL INCOME AMOUNTED TO SEK 133.1M (128.9), AN
INCREASE OF
3%
    * Q1 NET OPERATING INCOME AMOUNTED TO SEK 94.1M (90.9), AN
INCREASE OF 4%
    * Q1 INCOME FROM PROPERTY MANAGEMENT INCREASED 140% TO SEK
27.1M
(11.3)
    * Q1 PROPERTY MARKET REMAINS CHARACTERISED BY CHALLENGES,
ESPECIALLY HIGH INTEREST RATES, BUT SOME OPTIMISM ABOUT A
TURNAROUND IS CLEAR

Source text for Eikon:  ID:nWkr9nCy64 
Further company coverage:  GPGR.ST 

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