Colonial published its Q3 figures. 9-month revenues stood at €205m, up 21% yoy (and 8% lfl), EBITDA of €166m gained 29% yoy (13% lfl) and net profit of €51m gained 86% yoy. The financial position remains strong following the issuance of €600m notes in October, an increased debt maturity and a lower cost of debt.
15 Nov 2016
Positive 9M figures, Buy recommendation maintained
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Positive 9M figures, Buy recommendation maintained
Inmobiliaria Colonial SOCIMI SA (0RID:LON) | 0 0 0.0%
- Published:
15 Nov 2016 -
Author:
Alda Kule Dale -
Pages:
2
Colonial published its Q3 figures. 9-month revenues stood at €205m, up 21% yoy (and 8% lfl), EBITDA of €166m gained 29% yoy (13% lfl) and net profit of €51m gained 86% yoy. The financial position remains strong following the issuance of €600m notes in October, an increased debt maturity and a lower cost of debt.