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Grand City Properties SA (GYC.DE)

GYC.DE on Xetra

22.58EUR
22 Jun 2018
Change (% chg)

€0.38 (+1.71%)
Prev Close
€22.20
Open
€22.16
Day's High
€22.64
Day's Low
€22.10
Volume
259,058
Avg. Vol
284,128
52-wk High
€22.64
52-wk Low
€17.11

Latest Key Developments (Source: Significant Developments)

Grand City Properties Q1 Rental And Operating Income Grew By 12 Percent
Friday, 18 May 2018 

May 18 (Reuters) - Grand City Properties SA ::Q1 RENTAL AND OPERATING INCOME GREW TO EUR132 MILLION BY 12%, UP FROM EUR118 MILLION YOY.RENTAL AND OPERATING INCOME GREW TO EUR132 MILLION BY 12%, UP FROM EUR118 MILLION YOY.ADJUSTED EBITDA OF EUR68 MILLION, UP 14% YOY FROM EUR60 MILLION IN Q1 2017.FFO I INCREASED TO EUR49 MILLION, REFLECTING A GROWTH OF 18% YOY.FFO I PER SHARE INCREASED 11% YOY TO EUR0.30 EQUAL TO EUR1.20 ON AN ANNUALIZED LEVEL, REFLECTING A YIELD OF 5.9%.FFO I AFTER PERPETUAL NOTES ATTRIBUTION OF EUR0.26, UP 13% YOY.NET PROFIT INCREASED 43% YOY TO EUR132 MILLION; EPS (BASIC) GREW 39% YOY TO EUR0.71.GUIDANCE FOR 2018 CONFIRMED.  Full Article

Grand City Properties Successfully Places EUR 350 Mln Notes
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Grand City Properties SA ::DGAP-NEWS: GRAND CITY PROPERTIES S.A. SUCCESSFULLY PLACES EUR 350 MILLION UNDATED SUBORDINATED NOTES.NOTES WITH COUPON OF 2.50% AND FIRST CALL DATE IN 2023.  Full Article

Grand City Properties ‍Rental And Operating Income Increased To 495 Million Euro From 436 Million Euro In 2016​
Monday, 19 Mar 2018 

March 19 (Reuters) - Grand City Properties ::DGAP-NEWS: GRAND CITY PROPERTIES S.A. ANNOUNCES FULL YEAR 2017 RESULTS, WITH ACHIEVEMENTS ACROSS THE BOARD.‍RENTAL AND OPERATING INCOME INCREASED TO EUR495 MILLION FROM EUR436 MILLION IN 2016​.‍ADJUSTED EBITDA INCREASED TO EUR248 MILLION, UP 10% FROM EUR225 MILLION YOY​.‍FFO I GREW BY 11% TO EUR178 MILLION FROM EUR160 MILLION​.‍FFO I PER SHARE OF EUR1.12, INCREASED 7% YEAR-OVER-YEAR​.‍DIVIDEND PER SHARE OF EUR0.73 BASED ON A PAYOUT RATIO OF 65% (SUBJECT TO AGM APPROVAL)​.‍NET PROFIT AMOUNTED TO EUR639 MILLION; BASIC EARNINGS PER SHARE OF EUR3.35​.  Full Article

Grand City Properties 9-mth FFO I increased to EUR 130 mln
Friday, 17 Nov 2017 

Nov 17 (Reuters) - GRAND CITY PROPERTIES SA ::9-MONTH ‍ADJUSTED EBITDA OF EUR 183 MILLION FROM EUR 165 MILLION IN 9M 2016​.9-MONTH FFO I INCREASED TO €130 MILLION, INCREASING 11% YOY‍​.9-MONTH NET PROFIT OF €404 MILLION; EARNINGS PER SHARE OF €2.13.9-MONTH ‍RENTAL AND OPERATING INCOME INCREASED TO EUR 366 MILLION, UP 14% YOY FROM EUR 320 MILLION​.  Full Article

Grand City Properties H1 FFO I up at 76 mln euros
Wednesday, 17 Aug 2016 

Grand City Properties SA : H1 rental and operating income at 209 million euros, a 46% increase to yoy . H1 FFO I for first six months of 2016 increased to 76 million euros, 40% yoy . Dividend policy of 50% of FFO I starting from next dividend payment in 2017, from previously 30% . H1 EBITDA increased 107% yoy to 487 million euros . H1 adjusted EBITDA up 44% yoy, amounted to 107 million euros for H1 2016 .H1 net profit reached eur392 million, 101% increase to H1 2015; earning per share at 2.10 euros, 43% increase yoy.  Full Article

German stocks - Factors to watch on May 18

FRANKFURT, May 18 The following are some of the factors that may move German stocks on Friday: