Sonae Sierra H1 net rises to 100.5 mln eur from 87.3 mln as financial costs fall |
|
|
|
Published
:
Fri, 24 Aug 2007 18:02
|
fillLISBON (Thomson Financial) - Sonae SGPS's 50 pct owned Sonae Sierra commercial real estate arm said net profit increased 15 pct to 100.5 mln eur in the first half to June from 87.3 mln a year earlier, as net financial costs fell 29 pct to 15.5 mln.In a statement, Sonae Sierra said net profit was also boosted by the group's net asset value per share rising to 49.06 eur, from the 45.56 eur per share reported at end of March.Net operating revenue fell 1.2 pct to 70.7 mln eur, lower than ESR's forecast for it to increase to 79 mln eur, as operating costs increased 9 pct to 55.6 mln.jonathan.gleave@thomson.comjg/gp/jg/dcaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
|
|
|
|
Print this Story
Sonae Distribuicao Q2 net up 55 pct at 34 mln eur as EBITDA climbs 35 pct 