Brief: Texaf FY Consolidated Net Result Group Share Up At 12.9 Million Euros

Texaf NV

28/02/2019 07:09

Feb 28 (Reuters) - TEXAF SA  TEXB.BR :
    * IN FY POSTED A CONSOLIDATED RECURRING OPERATING RESULT OF
EUR
7,168 K, AN INCREASE OF 2% COMPARED TO THE PREVIOUS YEA
    * FORECASTING AN INCREASE IN THE RECURRING OPERATING RESULT
IN
2019
    * THE PROPOSED DIVIDEND INCREASED BY 19% TO EUR 0.68 NET PER
SHARE
    * FY CONSOLIDATED NET RESULT GROUP SHARE EUR 12.9 MILLION
VERSUS
EUR 4.5 MILLION YEAR AGO
    * FY REVENUE FROM ORDINARY ACTIVITIES EUR 18.9 MILLION
VERSUS EUR
18.2 MILLION YEAR AGO
    * NET FINANCIAL DEBT REACHED EUR 2.1 M AS AT 31 DECEMBER
2018
COMPARED TO EUR 5.6 M AT THE END OF 2017
    * FOR CARRIGRES, THE FORECASTS ARE MORE UNCERTAIN FOR 2019
BUT THE
COMPANY EXPECTS TO BREAK EVEN ON RECURRING OPERATING RESUL
    * PHASE I OF THE “BOIS NOBLES” PROJECT WILL GENERATE RENTS
IN A
FULL YEAR 2019, WHICH SHOULD AUTOMATICALLY INCREASE THE
RECURRING OPERATING RESULT OF THE REAL ESTATE BRANCH.
    * IN 2019, PURSUES ITS INVESTMENT POLICY IN ALL ITS BRANCHES
OF
ACTIVITY

Source text for Eikon:  ID:nGNE5kSqhW 
Further company coverage:  TEXB.BR 

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