Brief: Iep Invest End-December EBITDA Down At EUR 7.8 Million

Iep Invest NV

22/02/2021 17:51

Feb 22 (Reuters) - IEP INVEST NV  IEP.BR :
    * END-DECEMBER EBITDA EUR 7.8 MILLION VERSUS EUR 8.7 MILLION
YEAR
AGO
    * END-DECEMBER NET INCOME FROM CONTINUING OPERATIONS EUR 7.6
MILLION VERSUS EUR 6.4 MILLION YEAR AGO
    * END-DECEMBER RENTAL INCOME EUR 13.0 MILLION VERSUS EUR
12.3
MILLION YEAR AGO
    * WILL PROPOSE NOT TO DISTRIBUTE A DIVIDEND FOR 2020
FINANCIAL
YEAR
    * IN THE COURSE OF THE YEAR, IEP INVEST INCREASED ITS STAKE
IN
ACCENTIS TO 66.92%
    * AT JOINT VENTURE CLUBHOTEL GMBH, COVID-19 LED TO CLOSURE
DURING
WINTER SEASONS. HOWEVER, THANKS TO HIGHER OCCUPANCY IN LATE
SPRING, THIS DID NOT LEAD TO NEGATIVE RESULT

Source text for Eikon:  ID:nNDLdbzY2 
Further company coverage:  IEP.BR 

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