Brief: Selectirente H1 Revenue Up At 8.2 Million Euros

Selectirente SA

28/07/2020 17:56

July 28 (Reuters) - Selectirente SA  SELER.PA :
    * PROSPECTS FOR 2020 REMAIN UNCERTAIN IN VIEW OF
CONSEQUENCES OF 
COVID-19 EPIDEMIC
    * H1 REVENUE EUR 8.2 MILLION UP 16.5% YOY
    * OUTLOOK: GIVEN ITS FINANCIAL STRUCTURE, SELECTIRENTE HAS A
STRONG POSITION IN THE MARKET AND ABILITY TO SEIZE ACQUISITION
OPPORTUNITIES IN SHORT AND MEDIUM TERM
    * H1 NET INCOME EUR 2.6 MILLION VERSUS EUR 2.3 MILLION YEAR
AGO
    * H1 CURRENT CASH FLOW AT €6.4 MILLION (+32%)
    * H1 OCCUPANCY RATE MAINTAINED AT NEARLY 96% AND RENTAL
INCOME UP
17% TO €8.2 MILLION
    * CONTEXT RELATED TO HEALTH CRISIS: A GRADUAL RETURN TO
NORMAL OF
THE TENANTS' ACTIVITY

Source text for Eikon:  ID:nACT64502 
Further company coverage:  SELER.PA 

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