Brief: Warehouses Estates Belgium H1 operating profit rises at 9.4 million euros

Warehouses Estates Belgium SA

30/06/2017 16:40

June 30 (Reuters) - WAREHOUSES ESTATES BELGIUM SCA 
 WARB.BR : 
    * FAIR VALUE OF PORTFOLIO AT MARCH 31 EUR 230.5 MILLION 
VERSUS EUR 214.0 MILLION YEAR AGO 
    * H1 OPERATING PROFIT EUR 9.4 MILLION VERSUS EUR 8.0 MILLION 
YEAR AGO 
    * OCCUPANCY RATE AT MARCH 31 92.16 PERCENT VERSUS 96.45 
PERCENT AT SEPT 30, 2016 
    * H1 NET PROFIT EUR 9.2 MILLION, UP 35% 
    * H1 NET RENTAL INCOME EUR 8.4 MILLION VERSUS EUR 7.9 
MILLION YEAR AGO 
    * ANTICIPATES INCREASE IN ITS RENTAL INCOME FOR FY 
2017-2018, ON CONSOLIDATED BASIS 
 
Source text: http://bit.ly/2tsCYZD 
Further company coverage:  WARB.BR  
 
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