Icade: net attributable profit up 73%
(CercleFinance.com) - Icade has published H1 2019 net profit attributable to the group that is up 73% at 47 million euros, with a net current cash flow (CFNC) per share that is up 4.
5% at 2.36 euros (+11% excluding the impact of 2018 disposals).
The net triple NAV per share amounted to 89.3 euros at the end of June, down slightly (-0.5%), for a total portfolio value of 13.8 billion euros on a full consolidation basis, 11.7 billion euros on a proportionate consolidation basis, up 2% compared to December 2018 like-for-like.
The real estate group has confirmed its 2019 outlook, including stable group net current cash flow per share, excluding the impact of 2019 disposals, with a dividend that is up around 4.5% (90% of the CFNC and/or distribution of part of the capital gains made on disposals).
Copyright (c) 2019 CercleFinance.com. All rights reserved.
5% at 2.36 euros (+11% excluding the impact of 2018 disposals).
The net triple NAV per share amounted to 89.3 euros at the end of June, down slightly (-0.5%), for a total portfolio value of 13.8 billion euros on a full consolidation basis, 11.7 billion euros on a proportionate consolidation basis, up 2% compared to December 2018 like-for-like.
The real estate group has confirmed its 2019 outlook, including stable group net current cash flow per share, excluding the impact of 2019 disposals, with a dividend that is up around 4.5% (90% of the CFNC and/or distribution of part of the capital gains made on disposals).
Copyright (c) 2019 CercleFinance.com. All rights reserved.