Brief: Wereldhave Belgium FY Net Rental Income Up at 50.1 Million Euros

Wereldhave Belgium NV

01/02/2018 07:01

Feb 1 (Reuters) - WERELDHAVE BELGIUM COMM VA  WEHB.BR : 
    * FY NET RENTAL INCOME EUR 50.1 MILLION VERSUS EUR 49.7 
MILLION 
YEAR AGO 
    * FY NET RESULT EUR 54.7 MILLION VERSUS EUR 66.2 MILLION 
YEAR AGO 
    * END OF FY 2017 EPRA OCCUPANCY RATE 94.3 PERCENT VERSUS 
95.8 
PERCENT YEAR AGO 
    * END OF FY 2017 DEBT RATIO OF 29.0 PERCENT 
    * AT 31 DECEMBER TOTAL INVESTMENT PROPERTIES PORTFOLIO OF 
EUR 
853.6 MILLION VERSUS EUR 819.8 MILLION YEAR AGO 
    * OPTIONAL DIVIDEND PROPOSAL OF EUR 5.10 GROSS (EUR 3.57 
NET) 
    * AS OF 2018, THE EXTENSION PROJECT IN TOURNAI WILL 
CONTRIBUTE TO 
THE NET RESULT FROM CORE ACTIVITIES. 
    * CLOSING OF CARREFOUR SHOPS WILL HAVE A LIMITED IMPACT ON 
THE NET 
RESULT OF CORE ACTIVITIES IN 2018 
    * FOR 2018, EXPECTS A NET RESULT OF CORE ACTIVITIES IN A 
RANGE OF 
 5.70 -  5.80 PER SHARE 
 
Source text for Eikon:  ID:nGNE7kfdgb  
Further company coverage:  WEHB.BR  
 
 (Gdynia Newsroom) 
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