Nextensa financial income boosts results, lifting shares

Nextensa NV

14/08/2025 08:53

** Shares in Belgian real estate company Nextensa NEXTA.BR rise 2.4%, after publishing a rise in its financial income boosts its H1 results

** The group's H1 recurring net income was up 6.6% YOY, at 22.7 million euros ($26.52 million) against 21.7 million euros in the KBC Securities estimate, the broker says

** "The main difference came from 2 million euros financial income (interest from JV's), 0.9 million euros lower financial costs and 0.8 million euros lower taxes" it notes

**  The sale of the Knauf shopping centres maintained the debt ratio under control, the broker adds

** Shares in Nextensa reached their highest price since January 9

($1 = 0.8559 euros)

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@thomsonreuters.com;))