Brief: Leg Immobilien Says Suspension Of The Dividend For FY 2022

LEG Immobilien SE

08/03/2023 17:50

March 8 (Reuters) - Leg Immobilien Se  LEGn.DE :
    * EQS-ADHOC: LEG IMMOBILIEN SE: SUSPENSION OF THE DIVIDEND
FOR
BUSINESS YEAR 2022 IN ORDER TO STRENGTHEN THE BALANCE SHEET –
INCREASE IN AFFO GUIDANCE
    * FOR 2023 COMPANY EXPECTS AN INCREASE IN AFFO RANGE TO 125
- EUR
140 MILLION AGAINST ORIGINAL RANGE OF 110 - EUR 125 MILLION
    * FOR YEAR 2022 FFO I WAS EUR 482 MILLION
    * SUSPENSION OF DIVIDEND WILL LEAD TO LOWER INTEREST COSTS
AND
POSITIVELY CONTRIBUTE TO AFFO

Source text for Eikon:  ID:nEQ5VG9Sa 
Further company coverage:  LEGn.DE 

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