Brief: Home Invest Belgium FY Net Result Down At EUR 13.2 Million

Home Invest Belgium SA

22/02/2018 18:12

Feb 22 (Reuters) - HOME INVEST BELGIUM SA  HINV.BR : 
    * FY NET RENTAL PROFIT EUR 22.5 MILLION VERSUS EUR 18.8 
MILLION 
YEAR AGO 
    * FY OPERATING RESULT BEFORE PORTFOLIO RESULTS EUR 13.8 
MILLION 
VERSUS EUR 11.5 MILLION YEAR AGO 
    * CONFIRMS ITS CONFIDENCE IN THE CONTINUED GROWTH OF THE 
COMPANY'S 
RESULTS 
    * FY NET RESULT EUR 13.2 MILLION VERSUS EUR 17.9 MILLION 
YEAR AGO 
    * TO PROPOSE DIVIDEND FOR THE YEAR OF  4.50 GROSS PER 
SHARE 
    * CASH AND CASH EQUIVALENTS AT DECEMBER 31 OF EUR 7.2 
MILLION 
VERSUS EUR 3.4 MILLION YEAR AGO 
    * FAIR VALUE OF INVESTMENT PROPERTIES IN OPERATION AND 
DEVELOPMENT 
PROJECTS  457.6 MILLION ON DEC 31 
    * AVERAGE OCCUPANCY RATE FOR 2017 AMOUNTS TO 90.49%, TO 
COMPARE TO 
90.18% YEAR AGO 
    * END-DEC. NAV PER SHARE OF EUR 65.98 VERSUS EUR 65.19 YEAR 
AGO 
 
Source text: http://bit.ly/2EOf9BC 
Further company coverage:  HINV.BR  
 
 (Gdynia Newsroom) 
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