Brief: Home Invest Belgium FY Operating Result Increases To 75.3 Million Euros

Home Invest Belgium SA

21/02/2019 17:23

Feb 21 (Reuters) - HOME INVEST BELGIUM SA  HINV.BR :
    * FY NET RENTAL RESULT EUR 23.9 MILLION VERSUS EUR 22.5
MILLION
YEAR AGO
    * FY OPERATING RESULT EUR 75.3 MILLION VERSUS RESTATED
OPERATING
RESULT OF EUR 14.6 MILLION YEAR AGO
    * BOARD OF DIRECTORS CONFIRMS ITS CONFIDENCE IN THE FURTHER
EVOLUTION OF THE COMPANY’S RESULTS
    * WILL PROPOSE TO THE ORDINARY GENERAL MEETING TO DISTRIBUTE
DIVIDEND FOR 2018 OF € 4.75 GROSS PER SHARE
    * FY NET RESULT EUR 68.8  MILLION VERSUS RESTATED FIGURE OF
EUR
11.8 MILLION YEAR AGO
    * DEBT RATIO OF 50.16% (RREC RD) AND 48.90?% (IFRS)
ON 31ST DECEMBER 2018
    * FAIR VALUE OF REAL ESTATE PORTFOLIO WAS 543.51 MILLION AT
31ST
DECEMBER 2018, COMPARED WITH 457.87 MILLION YEAR AGO
    * FY EPRA EARNINGS PER SHARE EUR 3.21 VERSUS EUR 3.08 YEAR
AGO

Further company coverage:  HINV.BR 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))