Brief: Nextensa H1 Rental Income Up At 33.2 Million Euros
17/08/2022 17:14
Aug 17 (Reuters) - Nextensa NV NEXTA.BR :
* H1 RENTAL INCOME INCREASED BY EUR 3.0 MILLION COMPARED TO
JUNE
LAST YEAR AND NOW AMOUNTS TO EUR 33.2 MILLION
* H1 OCCUPANCY RATE INCREASED AND IS NOW 90.30% COMPARED TO
89.09%
AT END OF 2021
* FINANCIAL DEBT RATIO HAS DECREASED FROM 48.56% AT THE END
OF
2021 TO 46.31% ON 30 JUNE 2022
* H1 NET RESULT EUR 30.7 MILLION VERSUS EUR 28.0 MILLION
YEAR AGO
* OUTLOOK: RISING INTEREST RATES WILL HAVE A VERY LIMITED
EFFECT
ON FINANCING COSTS, AS FLOATING INTEREST RATES ARE TO A LARGE
EXTENT COVERED BY DERIVATIVES
* OUTLOOK: DUE TO THE UNCERTAINTIES OF RECENT MONTHS, IT IS
DIFFICULT TO ESTIMATE HOW THE RESIDENTIAL PROPERTY MARKET WILL
DEVELOP TOWARDS THE END OF THE YEAR
* OUTLOOK: DUE TO THE COMPLETION OF THE SALE OF TITANIUM
BUILDING
IN SECOND HALF OF THIS YEAR, EXPECTS TO REALISE RESULT THAT WILL
COMFORTABLY EXCEED FY 2021
* EXPECTS DIVIDEND FOR THIS FINANCIAL YEAR, IF NO UNEXPECTED
EVENTS OCCUR, TO BE AT LEAST 5% HIGHER PER SHARE THAN DIVIDEND
FOR FY 2021
Source text for Eikon: ID:nGNE8B1CkY
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