July 30 (Reuters) - MERCIALYS SA ::MERCIALYS: SALE OF THE MONOPRIX SITES IN SAINT-GERMAIN-EN-LAYE AND LA GARENNE-COLOMBES FINALIZED.ASSETS WERE SOLD FOR AROUND EURO 100 MILLION INCLUDING TRANSFER TAXES, HIGHER THAN THEIR APPRAISAL VALUE.MERCIALYS CONSIDERED THAT ASSETS SOLD WERE NO LONGER ALIGNED WITH ITS CRITERIA FOR MIXED URBAN DEVELOPMENT PROJECTS.PLANS TO FILE BUILDING PERMIT APPLICATIONS FOR SAINT-DENIS PROJECT IN Q4 OF 2019, FOR MARCQ-EN-BARŒUL PROJECT IN Q1 OF 2020, PUTEAUX PROJECT IN Q2 OF 2020.
Full Article
July 24 (Reuters) - Mercialys SA ::MERCIALYS: 2019 FIRST-HALF RESULTS.2019 OBJECTIVES CONFIRMED.H1 EPRA TRIPLE NET ASSET VALUE (NNNAV) OF EURO 20.40 / SHARE, DOWN -1.9% OVER 12 MONTHS..H1 RENTAL REVENUES TOTALED EURO 95.5 MILLION, UP +3.6% FROM FIRST HALF OF 2018.H1 EBITDA EUR 81.5 MILLION VERSUS EUR 78.6 MILLION YEAR AGO.MERCIALYS' BOARD OF DIRECTORS, AT ITS MEETING ON JULY 24, 2019, DECIDED TO PAY AN INTERIM DIVIDEND OF EURO 0.47 PER SHARE.AVERAGE APPRAISAL YIELD RATE WAS 5.20% AT JUNE 30, 2019, COMPARED WITH 5.10% AT DECEMBER 31.EPRA NAV CAME TO EURO 20.86 PER SHARE AT END-JUNE 2019, STABLE OVER SIX MONTHS.
Full Article
April 23 (Reuters) - MERCIALYS SA ::MERCIALYS: 2019 FIRST-QUARTER ACTIVITY.Q1 ORGANIC GROWTH: +3.4% INCLUDING INDEXATION, +1.8% EXCLUDING INDEXATION.Q1 RENTAL REVENUE EUR 47.1 MILLION VERSUS EUR 45.6 MILLION YEAR AGO.MERCIALYS IS ABLE TO CONFIRM ITS OBJECTIVES FOR 2019.TO PROPOSE A DIVIDEND OF EUR 1.12 PER SHARE FOR 2018.
Full Article
Feb 13 (Reuters) - Mercialys SA ::PROPOSAL FOR A DIVIDEND OF EURO 1.12 PER SHARE FOR 2018.FY 2018 EPRA NNNAV UP +2.9% YEAR-ON-YEAR TO EURO 21.14 PER SHARE.FOR 2019 ANTICIPATES ORGANIC GROWTH OF AROUND +3%, WITH AT LEAST +1% EXCLUDING INDEXATION.FY EBITDA CAME TO EURO 157.8M, UP +1.8% COMPARED WITH 2017.2019 FUNDS FROM OPERATIONS (FFO) PER SHARE GROWTH OF AT LEAST +4% COMPARED WITH 2018.DIVIDEND WITHIN A RANGE OF 85% TO 95% OF 2019 FFO, AT LEAST STABLE COMPARED WITH 2018.FY INVOICED RENTS EUR 185.2 MILLION VERSUS EUR 183.5 MILLION YEAR AGO.FY RENTAL REVENUES EUR 187.3 MILLION VERSUS EUR 185.3 MILLION YEAR AGO.
Full Article
Dec 12 (Reuters) - MERCIALYS SA ::GOVERNANCE: CHANGE IN MERCIALYS' BOARD OF DIRECTORS.DURING ITS MEETING ON DECEMBER 12, 2018, MERCIALYS' BOARD OF DIRECTORS ACKNOWLEDGED RESIGNATION OF COMPANY CASINO GUICHARD PERRACHON.MERCIALYS' BOARD OF DIRECTORS COMPRISES 11 DIRECTORS, SEVEN OF WHOM ARE INDEPENDENT.
Full Article
Oct 17 (Reuters) - MERCIALYS SA ::MERCIALYS: ACTIVITY AT END-SEPTEMBER 2018.2018 OBJECTIVES CONFIRMED.RENTAL REVENUES REPRESENT EURO 137.7 MILLION AT END-SEPTEMBER 2018, DOWN SLIGHTLY, CONTRACTING -0.1% FROM END-SEPTEMBER 2017.AT END-SEPTEMBER, LIKE-FOR-LIKE GROWTH IN INVOICED RENTS OF +2.5% EXCLUDING INDEXATION.CONFIRMS IT WILL BE ABLE TO ACHIEVE ITS FULL-YEAR OBJECTIVES FOR 2018.
Full Article
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
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
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
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
Earnings vs. 
Estimates