Brief: Leasinvest Real Estate Q1 Rental Income Down At 15.1 Million Euros

Nextensa NV

18/05/2020 17:08

May 18 (Reuters) - LEASINVEST REAL ESTATE SCA  LNRE.BR :
    * CONFIRMATION OF INCREASE OF DIVIDEND OVER FINANCIAL YEAR
2019
FROM EUR 5.10 TO EUR 5.25 GROSS PER SHARE
    * Q1 OCCUPANCY RATE NEARLY CONSTANT AT 89% DUE TO PLANNED
RENOVATIONS IN EBBC-PARK IN LUXEMBOURG
    * Q1 EPRA EARNINGS DECREASE FROM EUR 9.7 MILLION END-MARCH
2019 TO
EUR 7.3 MILLION (EUR 1.23 PER SHARE VERSUS EUR 1.63 PER SHARE)
    * Q1 DEBT RATIO HAS RISEN FROM 54.78% TO 56.63%
    * Q1 RENTAL INCOME EUR 15.1 MILLION VERSUS EUR 17.2 MILLION
YEAR
AGO
    * Q1 NET LOSS GROUP SHARE EUR 50.2 MILLION VERSUS PROFIT OF
EUR
12.4 MILLION YEAR AGO
    * OUTLOOK: DIFFICULT TO GIVE A MORE ACCURATE OUTLOOK AND
ESTIMATE
THE IMPACT FOR THE ENTIRE FINANCIAL YEAR 2020
    * OUTLOOK: ASSUME HAVING A CLEARER VIEW WHEN DRAWING UP THE
HALF-YEAR 2020 FIGURES

Source text for Eikon:  ID:nGNE4ssGdW 
Further company coverage:  LNRE.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))