Brief: MRM Says H1 Net Rental Income Down At 3.2 Million Euros

MRM SA

27/07/2018 06:47

July 27 (Reuters) - MRM SA  MRM.PA :
    * H1 NET RENTAL INCOME EUR 3.2 MILLION VERSUS EUR 3.6
MILLION YEAR
AGO
    * H1 GROSS RENTAL INCOME EUR 5.1 MILLION VERSUS EUR 5.7
MILLION
YEAR AGO
    * H1 EBITDA EUR 2.0 MILLION VERSUS EUR 0.7 MILLION YEAR AGO
    * ASSET PORTFOLIO OF EUR 162.6 MILLION AT END-JUNE 2018
    * MRM IS CONTINUING TO CARRY ON THE INVESTMENT PLAN
DEDICATED TO
ITS RETAIL PORTFOLIO
    * AT END-JUNE 2018, A TOTAL OF EUR 34 MILLION WAS COMMITTED
IN
RESPECT OF VALUE-ENHANCEMENT PLAN
    * TOTAL INVESTMENT BUDGET IS STILL ESTIMATED AT EUR 35
MILLION
OVER 2016-2019 PERIOD
    * CONFIRMS ITS TARGET OF TOTAL ANNUALISED NET RENTS OF OVER
EUR 10
MILLION AT END OF VALUE-ENHANCEMENT PLAN, SCHEDULED FOR LATE
2019

Source text for Eikon:  ID:nGNE2MXD1c 
Further company coverage:  MRM.PA 

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