Brief: Grand City Properties Q1 Net Loss At EUR 12 Mln

Grand City Properties SA

17/05/2023 05:54

May 17 (Reuters) - Grand City Properties SA  GYC.DE :
    * ANNOUNCES Q1 2023 RESULTS
    * NET RENTAL INCOME OF EUR 101 MILLION IN Q1 2023, HIGHER BY
4% AS
COMPARED TO EUR 97 MILLION IN Q1 2022
    * ADJUSTED EBITDA AMOUNTING TO EUR 80 MILLION IN Q1 OF 2023,
INCREASING BY 4%
    * NET LOSS OF EUR 12 MILLION RECORDED IN Q1 2023
    * FY 2023 GUIDANCE CONFIRMED AND ALL FINANCIAL KPI'S ARE IN
LINE

Source text for Eikon:  ID:nEQ6YSQDha 
Further company coverage:  GYC.DE 

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