Brief: Home Invest Belgium 9-Month Operating Result Down At EUR ‍​16.5 Mln

Home Invest Belgium SA

13/11/2020 16:40

Nov 13 (Reuters) - 
    * 9-MONTH NET RENTAL RESULT EUR 19.8 MILLION VERSUS EUR 18.6
MILLION YEAR AGO
    * 9-MONTH NET RESULT EUR 9.8 MILLION VERSUS EUR 36.8 MILLION
YEAR
AGO
    * 9-MONTH OPERATING RESULT EUR ‍​16.5 MILLION VERSUS EUR
48.5
MILLION YEAR AGO
    * 9-MONTH AVERAGE OCCUPANCY RATE OF 94.3%
    * EPRA EARNINGS PER SHARE EUR 3.02 IN FIRST 9 MONTHS VERSUS
EUR
2.50 YEAR AGO
    * INCREASE OF FAIR VALUE OF REAL ESTATE PORTFOLIO TO EUR 640
MILLION AT END-SEPTEMBER
    * END-SEPTEMBER DEBT RATIO 50.98% (AR SIR) AND 49.55% (IFRS)
    * BOARD OF DIRECTORS EXPECTS FY GROSS DIVIDEND TO BE AT
LEAST
EQUAL TO THAT OF  PREVIOUS FINANCIAL YEAR (I.E. € 4.85 PER
SHARE)
    * BOARD OF DIRECTORS DECIDES TO DISTRIBUTE INTERIM DIVIDEND
OF EUR
4.25 GROSS PER SHARE IN DECEMBER 2020
    * BOARD OF DIRECTORS CONFIRMS ITS CONFIDENCE IN COMPANY'S
LONG-TERM PROSPECTS

Further company coverage:  HINV.BR 

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