Brief: Xior Student Housing End-Sept Net Result Turns To Profit Of EUR 29.1 Mln

Xior Student Housing NV

26/10/2021 06:14

Oct 26 (Reuters) - Xior Student Housing NV  XIOR.BR :
    * Q3 2021 RESULTS IN LINE WITH EXPECTATIONS
    * CONFIRMATION OF EPRA EARNINGS FORECAST OF EUR 1.80 PER SHARE FOR 2021, (AN
INCREASE OF 6%)
    * NET RESULT IS KEUR 29,083 AT 30 SEPTEMBER 2021, COMPARED TO KEUR -6,735 AS
AT 30
SEPTEMBER 2020.
    * NET RENTAL RESULT INCREASES TO KEUR 53,998, A 32% INCREASE COMPARED TO Q3
2020
    * END-SEPT NET EARNINGS PER SHARE AMOUNT TO EUR 1.20
    * EPRA NAV/SHARE OF EUR 35.83 COMPARED TO EUR 34.87 AS AT 31 DECEMBER 2020
    * OCCUPANCY RATE OF 97.8% FOR THE FIRST 9 MONTHS OF 2021 COMPARED TO 97.7%
FOR
2020 FULL YEAR
    * THE DEBT RATIO AS AT 30 SEPTEMBER 2021 WAS 50.71%, COMPARED TO 54.18% AS
AT 31
DECEMBER 2020
    * XIOR DOES NOT EXPECT ANY SIGNIFICANT CHANGE IN THE PROJECTED  EPRA
EARNINGS FOR
2021


Further company coverage:  XIOR.BR 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))