Brief: Varia US Properties H1 Operating Profit Without Revaluation Up At $16.4 Million

Varia US Properties AG

30/08/2018 06:04

Aug 30 (Reuters) - Varia US Properties Ltd  VARN.S :
    * TOTAL REVENUE OF A CONSTANT PORTFOLIO BETWEEN 30 JUNE 2017
AND
30 JUNE 2018 INCREASED BY 3.6%
    * H1 EFFECTIVE GROSS INCOME OF USD 38.9 MILLION (PREVIOUS
YEAR:
USD 28.4 MILLION; + 37.0%)
    * H1 TOTAL INCOME OF USD 46.4 MILLION (PREVIOUS YEAR: USD
43.3
MILLION; + 7.2%)
    * H1 O OPERATING PROFIT WITHOUT REVALUATION UP TO USD 16.4
MILLION
(PREVIOUS YEAR: USD 10.2 MILLION)
    * DISTRIBUTION OF A DIVIDEND OF CHF 2.50 PER SHARE AFTER
2019
GENERAL ASSEMBLY CONFIRMED
    * CONFIRMS POSITIVE OUTLOOK ISSUED IN APRIL 2018

Source text for Eikon:  ID:nNDL57l7WY 
Further company coverage:  VARN.S 

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