Brief: Xior Student Housing End-Dec. EPS Of 1.43 Euro

Xior Student Housing NV

09/02/2018 06:05

Feb 9 (Reuters) - XIOR STUDENT HOUSING NV  XIOR.BR : 
    * FY EPS OF EUR 1.43 EXCEEDS THE TARGET 
    * FY OCCUPANCY RATE RISES TO 97.9% COMPARED WITH 97.4% IN 
2016 
    * PROPOSED DIVIDEND OF EUR 1.20 PER SHARE, I.E. A 4.35% 
INCREASE 
WITH AN 84% PAYOUT RATIO 
    * EPRA EARNINGS OF KEUR 9,772 KEUR IN 2017, A 69% INCREASE 
    * FY NET ASSET VALUE PER SHARE (IFRS) OF EUR 27.47 COMPARED 
WITH 
EUR 24.97 ON 31 DEC 2016 
    * FY 2017 NET RESULT (IFRS) OF KEUR 10,954 , I.E. A 118% 
INCREASE 
COMPARED WITH KEUR 5,016 IN 2016 
    * END-DEC. NAV PER SHARE (IFRS) OF EUR 27.47 COMPARED WITH 
EUR 
24.97 ON 31 DECEMBER 2016 
    * FY NET RENTAL RESULT INCREASES TO KEUR 18,194, I.E. A 67% 
INCREASE 
    * NET RENTAL RESULT WILL CONTINUE TO INCREASE IN 2018 
    * END-DEC. PROPERTY PORTFOLIO ROSE TO EUR 489 MILLION, AN 
INCREASE 
OF 84% COMPARED WITH YEAR AGO 
    * IF ALL ACQUISITIONS AND REDEVELOPMENTS IN COMMITTED 
PIPELINE 
COMPLETED, PORTFOLIO WILL RISE TO C. EUR 540 MILLION 
    * SHORT-TERM FINANCIAL DEBTS AT KEUR 11,994 RELATED TO LOAN 
THAT 
HAS TO BE REFINANCED BY END 2018 
    * FOR 2018 ANTICIPATING EPRA EARNINGS PER SHARE THAT WILL AT 
LEAST 
REMAIN STABLE COMPARED WITH 2017 
    * FOR 2018: APPLYING MINIMUM TARGET FOR GROSS DIVIDEND PER 
SHARE 
OF EUR 1.20 
    * FOR FY 2018, EXPECTING TO MATCH LAST YEAR'S RESULTS AT 
LEAST 
    * IN 2018, XIOR IS EXPECTING AN OCCUPATION RATE SIMILAR TO 
THE 
CURRENT RATE. 
 
Source text for Eikon:  ID:nNDL51yjHz  
Further company coverage:  XIOR.BR  
 
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