Brief: NSI Prelim FY Net Rental Income At Eur 58.4 Mln

NSI NV

25/01/2024 06:56

Jan 25 (Reuters) - NSI NV  NSTEc.AS :
    * PUBLISHES PRELIMINARY RESULTS FULL YEAR 2023
    * EPRA EARNINGS IN 2023 AMOUNT TO EUR 40.4 MLN COMPARED TO
EUR
42.7 MLN IN 2022 (- 5.5%)
    * FY EPRA NTA € 35.3 PER SHARE; CAPITAL VALUES DOWN BY 17.4%
IN
2023
    * FY NET RENTAL INCOME EUR 58.4 MLN VS EUR 59.3 MLN YR AGO
    * COMPARED TO LAST YEAR, FY GROSS RENTAL INCOME IS FLAT, AT
EUR
71.2 MLN
    * OUTLOOK: POST-TAX EPRA EPS OF EUR 1.85-2.00 PER SHARE FOR
2024,
SUBJECT TO FURTHER ASSET ROTATION
    * WILL PROPOSE FULL YEAR DIVIDEND OF EUR 1.52 PER SHARE,
EQUATING
TO A FINAL DIVIDEND OF EUR 0.77 PER SHARE
    * FY LTV AT 31.5% (PRO FORMA FOR SALE OF LAANDERPOORT) BASIS
FOR €
20M SHARE BUYBACK PROGRAMME 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL1q0n4r
 Further company coverage:  NSTEc.AS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))