Brief: Home Invest End-Sept Operating Result Down At 16.7 Million Euros

Home Invest Belgium SA

17/11/2022 16:40

Nov 17 (Reuters) - Home Invest Belgium SA  HINV.BR :
    * 9M EPRA EUR 12.94 MILLION VERSUS EUR 11.50 MILLION A YEAR
AGO
    * INCREASE OF FAIR VALUE OF REAL ESTATE PORTFOLIO TO EUR
754.52
MILLION AS AT 30 SEPTEMBER 2022
    * DEBT RATIO IS 50.33% (AR-SIR), 49.07% (IFRS) AS AT 30
SEPTEMBER
2022
    * END-Q3 AVAILABLE CREDIT LINES EUR 34 MILLION
    * 9M AVERAGE FINANCING COST AMOUNTS TO 1.71%
    * OUTLOOK 2022: EXPECTS INCREASE IN EPRA EARNINGS PER SHARE
TO EUR
1.04 VERSUS EUR 0.99 IN 2021
    * OUTLOOK 2022: BOARD OF DIRECTORS HAS DECIDED TO PAY
INTERIM
DIVIDEND OF EUR 0.85 GROSS PER SHARE IN DECEMBER
    * OUTLOOK 2022, SUBSEQUENT YEARS: BOARD OF DIRECTORS EXPECTS
DISTRIBUTION POLICY BASED ON AVERAGE INCREASE EQUAL TO OR
GREATER THAN INFLATION
    * END-SEPT NET RENTAL INCOME EUR 22.9 MLN VS EUR 20.0 MLN
YEAR AGO
    * END-SEPT OPERATING RESULT EUR 16.7 MLN VS EUR 32.6 MLN
YEAR AGO
    * END-SEPT NET RESULT EUR 48.2 MLN VS EUR 32.9 MLN YEAR AGO

Source text: https://bit.ly/3Gr89cQ
Further company coverage:  HINV.BR 
 (Gdansk Newsroom)
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