Brief: Vastned Retail Belgium Operating Income Up At 3.9 Million Euros

VastNed Retail NV

02/05/2018 17:09

May 2 (Reuters) - VASTNED RETAIL BELGIUM NV  VASTB.BR :
    * OCCUPANCY RATE AS AT 31 MARCH 2018: 99% (99% AS AT 31
DECEMBER
2017)
    * INCREASE OF Q1 EPRA EARNINGS OF 2018 OF 13% TO EUR 0.66
PER
SHARE (EUR 0.58 IN Q1 OF 2017)
    * Q1 OPERATING INCOME EUR 3.9 MILLION VERSUS EUR 3.4 MILLION
YEAR
AGO
    * Q1 NET PROFIT EUR 3.6 MILLION VERSUS EUR 3.1 MILLION YEAR
AGO
    * Q1 RENTAL INCOME EUR 4.8 MILLION VERSUS EUR 4.7 MILLION
YEAR AGO
    * GROSS DIVIDEND OF € 2.62 PER SHARE IS BEING DISTRIBUTED
FOR THE
2017 FINANCIAL YEAR
    * GROWTH OF 1.8 PERCENT EXPECTED IN 2018
    * EMPLOYMENT GROWTH IS EXPECTED TO BE 1 PERCENT IN 2018
    * REAL DISPOSABLE INCOME FOR PRIVATE INDIVIDUALS INCREASE OF
2.2
PERCENT IS EXPECTED IN 2018
    * PRIVATE CONSUMPTION IS EXPECTED TO RISE BY 1.9 PERCENT IN
2018
    * FOR 2018, EXPECTS EPRA EARNINGS WILL CONTINUE TO GROW

Source text for Eikon:  ID:nGNE6tHzJs 
Further company coverage:  VASTB.BR 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))