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Mercialys SA (MERY.PA)

MERY.PA on Paris Stock Exchange

14.97EUR
21 Aug 2018
Change (% chg)

€0.03 (+0.20%)
Prev Close
€14.94
Open
€14.94
Day's High
€15.06
Day's Low
€14.93
Volume
61,897
Avg. Vol
83,910
52-wk High
€18.75
52-wk Low
€14.51

Latest Key Developments (Source: Significant Developments)

Mercialys H1 Ebitda Eur 78.6 Million
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Mercialys SA ::CONFIDENTS TO ACHIEVE 2018 OBJECTIVES.SAYS DIVIDEND GROWTH OF AT LEAST +2%, REPRESENTING 85% TO 95% OF 2018 FFO. EURO.END-JUNE EPRA NAV PER SHARE AT EUR 21.21 VERSUS EUR 20.90 YEAR AGO.SAYS EURO 0.50 PER SHARE INTERIM DIVIDEND TO BE PAID OUT ON OCTOBER 23, 2018.H1 EBITDA EUR 78.6 MILLION VERSUS EUR 79.3 MILLION YEAR AGO.H1 RENTAL REVENUES EUR 92.2 MILLION, DOWN 1.0 PERCENT YOY.SAYS H1 NET FINANCIAL EXPENSES ARE UP +7.5% COMPARED WITH FIRST HALF OF 2017 TO EURO -16.2 MILLION.H1 CONSOLIDATED NET INCOME EUR 49.3 MILLION VERSUS EUR 54.3 MILLION YEAR AGO.CONFIRMS 2018 OBJECTIVES.  Full Article

Mercialys Q1 Rental Revenue Down At 45.6 Million Euros
Monday, 23 Apr 2018 

April 23 (Reuters) - MERCIALYS SA ::MERCIALYS: 2018 FIRST-QUARTER ACTIVITY.ON TRACK TO ACHIEVE ITS OBJECTIVES FOR 2018.Q1 RENTAL REVENUES EUR 45.6 MILLION VERSUS EUR 46.2 MILLION YEAR AGO.LIKE-FOR-LIKE INVOICED RENTS ARE UP +3.3%.Q1 FURTHER OUTPERFORMANCE FOR CENTERS: +340 BP FOR FOOTFALL AND +330 BP FOR RETAILER SALES.DIVIDEND FOR 2017 AT EURO 1.09 PER SHARE (INCLUDING INTERIM DIVIDEND OF EURO 0.41 PER SHARE ALREADY PAID IN OCTOBER 2017).THE EX-DIVIDEND DATE WILL BE APRIL 30, 2018.Q1 ORGANIC GROWTH: +3.3% INCLUDING INDEXATION, +2.5% EXCLUDING INDEXATION.  Full Article

Mercialys issues 150 million euros of bonds with a private placement
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - MERCIALYS SA ::MERCIALYS: EURO 150 MILLION BOND ISSUE WITH A PRIVATE PLACEMENT.‍NEW 10-YEAR BOND FINANCING LINE, HELPS EXTEND AVERAGE MATURITY OF MERCIALYS' DEBT​.‍DEUTSCHE BANK ACTED AS BOOKRUNNER​.‍OPERATION DOES NOT HAVE ANY IMPACT ON MERCIALYS' 2017 OBJECTIVES​.OPERATION IS FOR GENERAL CORPORATE PURPOSES, INCLUDING PARTIAL REFINANCING OF BOND ISSUE MATURING IN MARCH 2019.​.  Full Article

Mercialys confirms FY organic growth in invoiced rents to be over 2 pct
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - MERCIALYS SA :END-SEPT RENTAL REVENUE EUR ‍​137.8 MILLION VERSUS EUR 139.0 MILLION YEAR AGO.FOR FY, CONFIRMS ORGANIC GROWTH IN INVOICED RENTS EXCLUDING INDEXATION WILL BE OVER +2%‍​.TO PAY OUT A DIVIDEND FROM 85% TO 95% OF 2017 FFO.DIVIDEND TO BE AT LEAST STABLE COMPARED WITH THE DIVIDEND FOR 2016.  Full Article

Mercialys FY EBITDA up 11.4 pct at 160.5 million euros
Tuesday, 14 Feb 2017 

Mercialys SA : FY EBITDA 160.5 million euros versus 144.1 million euros year ago . In 2016 a 5.1 pct increase in NNNAV excluding transfer taxes to 20.22 euros per share . 2016 invoiced rents are up 13.1 pct to 187.6 million euros . Proposed dividend distribution of 1.06 euro per share for 2016 . Dividend will correspond to 85 pct to 95 pct of 2017 FFO . 2017 outlook: organic growth in invoiced rents excluding indexation is expected to exceed 2 pct .2017 outlook: FFO, reflecting asset disposals, should be down by about minus 5 pct, this trend could evolve based on schedule of disposals.  Full Article

Mercialys rental revenues up +12.3 pct at end-September
Wednesday, 12 Oct 2016 

Mercialys SA : Rental revenues up +12.3 pct to 139.0 million euros ($155.69 million) at end-September .For whole year, Mercialys will pay out a dividend ranging from 85 pct to 95 pct of 2016 FFO.  Full Article

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French retailer Casino pushes on with asset sales yet debt concerns persist

PARIS Supermarket retailer Casino , which is facing investor concerns about its high debt levels, said it was making progress with its assets disposal plan, with the sale of a 15 percent stake in its Mercialys property unit.