Brief: Home Invest Belgium H1 2024 Net Profit EUR 64.1 Mln

Home Invest Belgium SA

04/09/2024 16:53

Sept 4 (Reuters) - Home Invest Belgium SA  HINV.BR :
    * FAIR VALUE OF REAL ESTATE PORTFOLIO IS € 845.61 MILLION ON
30
JUNE 2024
    * INVESTMENT PROPERTIES AVAILABLE FOR RENT CONSIST OF 91.2%
RESIDENTIAL REAL ESTATE
    * H1 AVERAGE OCCUPANCY RATE OF 98.3%
    * H1, 14.8 % INCREASE IN THE EPRA EARNINGS TO € 9.34 MILLION
    * EPRA NTA PER SHARE IS €22.26 ON 30 JUNE 2024
    * FOR 2024, EXPECTS AN INCREASE OF EPRA EARNINGS PER SHARE
TO €
1.15 (COMPARED TO € 1.13 IN 2023)
    * H1 NET PROFIT EUR 64.1 MILLION
    * H1 NET RENTAL RESULT EUR 18.064 MILLION VERSUS EUR 16.981
MILLION YEAR AGO
    * FOR THE COMING YEARS BOARD OF DIRECTORS FORESEES A
DISTRIBUTION
POLICY BASED ON A YEARLY INCREASE EQUAL TO OR HIGHER THAN THE
LONG-TERM INFLATION
    * H1 OPERATING MARGIN 67.9% IN 2024 VERSUS 63.3% YEAR AGO

Source text: tinyurl.com/3y8ycjpp
Further company coverage:  HINV.BR 

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