Brief: Wereldhave Belgium End-Sept Net Result From Core Activities Up At EUR 35.1 Mln

Wereldhave Belgium NV

24/10/2019 07:09

Oct 24 (Reuters) - WERELDHAVE BELGIUM COMM VA  WEHB.BR :
    * REG-WERELDHAVE BELGIUM : TRADING UPDATE 30 SEPTEMBER 2019
    * INCREASING NET RESULT FROM CORE ACTIVITIES PER SHARE FROM
EUR
4.20 AS OF 30 SEPTEMBER 2018 TO EUR 4.57 AS OF 30 SEPTEMBER 2019
    * END-SEPT STABLE EPRA OCCUPANCY RATE IN SHOPPING CENTRES AT
96.3%
COMPARED TO 30 JUNE 2019 (96.2%)
    * NET RESULT FROM CORE ACTIVITIES INCREASED FROM € 29.6
MILLION AS
OF 30 SEPTEMBER 2018 UP TO € 35.1 MILLION AS OF 30 SEPTEMBER
2019.
    * END-SEPT NET ASSET VALUE PER SHARE OF EUR 88.66 (30 JUNE
2019:
EUR 87.29)
    * STATUTORY MANAGEMENT COMPANY HAS OVER 2019 CONFIDENCE IN A
STRONG NET RESULT FROM CORE ACTIVITIES PER SHARE BASED ON THE
PREVIOUSLY ANNOUNCED BANDWIDTH
    * END-SEPT NET ASSET VALUE PER SHARE OF EUR 88.66 (30 JUNE
2019:
EUR 87.29)
    * END-SEPT NET RENTAL INCOME EUR 44.2 MILLION VERSUS EUR
39.0
MILLION (RESTATED IFRS 16) YEAR AGO
    * ON FY NET RESULT FROM CORE ACTIVITIES PER SHARE:  IT IS
ADJUSTED
UPWARDS FROM € 5.78 - € 5.88 TO € 5.85 - € 5.95

Source text for Eikon:  ID:nGNE9DT9GJ 
Further company coverage:  WEHB.BR 

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