Brief: Texaf H1 Sales Rise 7.9% To EUR 14.1 Mln

Texaf NV

08/09/2023 07:05

Sept 8 (Reuters) - Texaf SA  TEXB.BR :
    * H1 SALES REACHED A NEW HIGH OF 14.1 MILLION EUR (+ 7.9%).
    * H1: IN REAL ESTATE, RENTS ROSE BY 5.1%, FOLLOWING A
GENERAL
INDEXATION OF 5% AND THE REVISION OF CERTAIN LEASES
    * H1: IN REAL ESTATE, OCCUPANCY RATE REMAINED CLOSE TO 100%
    * RECURRING OPERATING INCOME FOR THE 2ND HALF-YEAR SHOULD BE
AT
LEAST AT THE SAME LEVEL AS THE 1ST HALF-YEAR
    * H1: NET INCOME GROUP SHARE FELL BY -19.7% TO EUR 3.9
MILLION
    * NON-RECURRING PRETAX INCOME OF 3 MILLION USD WILL BE
RECORDED AS
A COMPENSATION FOR THE 2020 FIRE DAMAGES, AS WELL AS A PRE-TAX
CAPITAL GAIN OF 2 MILLION EUR
    * H1 RECURRING EBITDA ROSE BY 12.5% TO EUR 6.9 MILLION
    * THE REVERSAL OF DEFERRED TAXES IN THE 1ST HALF-YEAR WILL
NOT BE
REPEATED IN THE 2ND HALF-YEAR
    * THE GROUP'S TWO LARGEST PROJECTS, “PROMENADE DES ARTISTES”
AND
“SILIKIN VILLAGE PHASE III” ARE PROGRESSING WELL AND SHOULD BE
DELIVERED RESPECTIVELY AT THE END OF THE YEAR FOR SILIKIN 
VILLAGE PHASE III AND IN THE FIRST HALF OF 2024 FOR PROMENADE
DES ARTISTES
    * NON-RECURRING PRETAX INCOME OF 3 MILLION USD WILL BE
RECORDED AS
A COMPENSATION FOR THE 2020 FIRE DAMAGES
    * WILL RECORD PRE-TAX CAPITAL GAIN OF 2 MILLION EUR ON THE
DISPOSAL OF LAND FOR CONSTRUCTION OF DATA CENTER

Source text for Eikon:  ID:nGNE8r6Qym 
Further company coverage:  TEXB.BR 

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