Aug 4 (Reuters) - XIOR STUDENT HOUSING NV XIOR.BR :
* OCCUPANCY RATE REMAINS HIGH AND STABLE AT 98% FOR H1 2023
* EPS & DPS GUIDANCE RECONFIRMED AT 2.20 EUR AND 1.76 EUR
RESPECTIVELY (+6.3% YOY)
* LTV AT TEMPORARY PEAK OF 54.43% AS DIVESTMENT PROGRAM IS
NOT YET
REFLECTED IN H1 FIGURES; KEY PRIORITY TO BRING LTV BELOW 50%
REMAINS
* END-H1 COST OF DEBT UNDER CONTROL AT 2.4% WITH HIGH HEDGE
RATIO
OF 81%
* H1 EPRA EARNINGS – GROUP SHARE OF 0.92 EUR PER SHARE
* H1 NET RENTAL RESULT RISES TO 69,310 KEUR, AN INCREASE OF
39%
COMPARED TO H1 2022
* H1 EPRA NAV/SHARE GROUP SHARE AT 40.92 EUR COMPARED TO
43.00 EUR
ON 31/12/2022
* END-H1 REAL ESTATE PORTFOLIO INCREASES TO EUR 3,132 MLN
Source text: https://tinyurl.com/33usd42y
Further company coverage: XIOR.BR
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))