Brief: Varia Us Properties H1 EBITDA Of Up At $19.4 Mln

Varia US Properties AG

29/08/2019 06:17

Aug 29 (Reuters) - Varia US Properties AG  VARN.S :
    * H1 PROFIT BOOSTED TO USD 22.2 MILLION (+ 82%)
    * H1 TOTAL INCOME OF USD 66.1 MILLION (JUNE 30, 2018: USD 46.4 MILLION; + 42.4%)
    * H1 EBITDA OF USD 19.4 MILLION (JUNE 30, 2018: USD 16.4 MILLION; + 18.4%)
    * H1 FUNDS FROM OPERATIONS (FFO2 ) OF USD 8.8 MILLION (JUNE 30, 2018: USD 8.1 MILLION; +
8.8%)
    * H1 TARGETED DIVIDEND OF CHF 2.60 PER SHARE TO BE PAID AFTER ANNUAL GENERAL MEETING 2020
    * BOARD OF DIRECTORS TARGETS 2019 REGULAR DISTRIBUTION OF 90% OF FFO

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