Brief: Home Invest Belgium H1 Operating Result Down At 9.1 Million Euros

Home Invest Belgium SA

07/09/2022 16:40

Sept 7 (Reuters) - Home Invest Belgium SA  HINV.BR :
    * REAL ESTATE PORTFOLIO EUR 743.8 MILLION AT END-JUNE VERSUS
EUR
725.5 MILLION YEAR AGO
    * AVERAGE OCCUPANCY RATE AT 98.3% IN H1 VERSUS 96.9% YEAR
AGO
    * H1 EPRA EARNINGS EUR 7.8 MILLION VERSUS EUR 6.9 MILLION
YEAR AGO
    * H1 NET RESULT EUR 30.1 MILLION VERSUS EUR 24.6 MILLION
YEAR AGO
    * DEBT RATIO (RREC ROYAL DECREE) AMOUNTED TO 50.56% ON 30
JUNE
2022
    * FOR 2022, EXPECTS INCREASE OF EPRA RESULT PER SHARE TO EUR
1.04
(VERSUS EUR 0.99 IN 2021)
    * H1 OPERATING RESULT EUR 9.1 MILLION VERSUS EUR 24.3
MILLION YEAR
AGO
    * ORDINARY GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING
APPROVED TOTAL DISTRIBUTION TO SHAREHOLDERS OF EUR 1.06 PER
SHARE
    * DISTRIBUTION CONSISTS OF GROSS DIVIDEND OF EUR 0.99/SHARE
AND
REDUCTION OF EQUITY BY EUR 0.07/SHARE
    * FOR COMING YEARS, BOARD OF DIRECTORS SEES DISTRIBUTION
POLICY
BASED ON YEARLY INCREASE EQUAL TO OR HIGHER THAN INFLATION

Further company coverage:  HINV.BR 

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