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BRIEF-Xior Student Housing H1 net result up at EUR 7.4 million
August 24, 2017 / 5:33 AM / 3 months ago

BRIEF-Xior Student Housing H1 net result up at EUR 7.4 million

Aug 24 (Reuters) - XIOR STUDENT HOUSING NV:

* H1 RESULTS

* H1 OPERATING RESULT BEFORE RESULT ON THE PORTFOLIO EUR 4.2 MILLION VERSUS EUR 2.2 MILLION YEAR AGO

* H1 NET RESULT EUR 7.4 MILLION VERSUS EUR 4.7 MILLION YEAR AGO

* H1 REAL ESTATE RESULT EUR 6.9 MILLION VERSUS EUR 4.4 MILLION YEAR AGO

* THANKS TO SUCCESSFUL COMPLETION OF CAPITAL INCREASE OF EUR 84 MILLION IN JUNE 2017, DEBT RATIO DECREASED TO 39.17% COMPARED TO 50.69% AS AT 31 DEC. 2016

* CONFIRMS ITS OBJECTIVES FOR 2017

* EXPECTS EPRA EARNINGS PER SHARE OF EUR 1.40 AND ASSOCIATED GROSS DIVIDEND OF EUR 1.20 (VERSUS GROSS DIVIDEND OF EUR 1.15 FOR FY 2016) Source text: bit.ly/2wAkecf Further company coverage: (Gdynia Newsroom)

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