Brief: VGP Posts H1 Pre-Tax Profit Of EUR 154.6 Million

VGP NV

23/08/2024 06:05

Aug 23 (Reuters) - VGP NV  VGP1.BR :
    * H1 PRE-TAX PROFIT OF EUR 154.6 MILLION (INCREASE OF 218%
VERSUS
H1 '23)
    * € 45.6 MILLION WORTH OF SIGNED AND RENEWED LEASE
AGREEMENTS
DURING H1
    * H1 TOTAL LANDBANK STANDS AT 8.5 MILLION SQM REPRESENTING A
DEVELOPMENT POTENTIAL OF 3.7 MILLION SQM
    * H1 GROSS RENEWABLES INCOME INCREASED 31% YOY TO € 3.8
MILLION
    * H1 SIGNED AND RENEWED RENTAL INCOME AMOUNTED TO € 45.6
MILLION
    * IS LOOKING INTO FURTHER DISPOSALS TO ITS JVS, EXPECTED TO
ACTIVATE ANOTHER € 35.2 MILLION OF LEASE INCOME IN NEXT 12
MONTHS

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Further company coverage:  VGP1.BR 

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