First take: - As announced during preliminary results:, lfl rents invoiced gained +3.4%, o/w 3.5% excl indexation; - FFO gained 5.8% to €108.5m beating the revised +3% guidance. - NAV growth stood at 3.4% €19.48/shr and the total portfolio value gained 6.9% on a lfl basis to €3.54bn. - Dividend distribution announced at €1.33/shr or a payout of 1.14%. - Financial position remains strong with cost of debt down to 2.4% from vs 3.1% at FY14, net debt at €1.36bn (increase

10 Feb 2016
Solid figures, we maitain our preference for the stock

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Solid figures, we maitain our preference for the stock
Mercialys SA (MERY:PAR) | 0 0 1.4% | Mkt Cap: 1,522m
- Published:
10 Feb 2016 -
Author:
Alda Kule Dale -
Pages:
2 -
First take: - As announced during preliminary results:, lfl rents invoiced gained +3.4%, o/w 3.5% excl indexation; - FFO gained 5.8% to €108.5m beating the revised +3% guidance. - NAV growth stood at 3.4% €19.48/shr and the total portfolio value gained 6.9% on a lfl basis to €3.54bn. - Dividend distribution announced at €1.33/shr or a payout of 1.14%. - Financial position remains strong with cost of debt down to 2.4% from vs 3.1% at FY14, net debt at €1.36bn (increase