Results for the first half of the 2023-2024 financial year
HALF-YEARLY FINANCIAL REPORT OF ASCENCIO SA
RESULTS AT 31 MARCH 2024
98.6% EPRA OCCUPANCY RATE | 7.0% GROSS YIELD ON THE PORTFOLIO | -0.2% CHANGE IN FAIR VALUE OF THE PORTFOLIO | 90.3% INTEREST RATE HEDGING RATIO |
STRONG EPRA EARNINGS & ROTATIE BINNEN DE VASTGOEDPORTEFEUILLE
OPERATING RESULTS
- Rental income : €26.3 million, up by 5.1% compared with €25.1 million at 31/03/2023
- EPRA occupancy rate : 98.6%, up from the 97.9% recorded at 30/09/2023
- EPRA Earnings : €18.0 million, up 2.7% as against €17.5 million at 31/03/2023
- EPRA Earnings per share : €2.72 (vs €2.65 at 31/03/2023)
- Net result : €5.7 million (vs €22.2 million at 31/03/2023), the decrease being due to the difference in revaluations (-€12.2 million vs +€4.8 million) between the two periods
BALANCE SHEET INFORMATION
- Fair value of the real estate portfolio : €738.6 million (vs €740.9 million at 30/09/2023)
- Debt ratio (EPRA LTV) : 44.8% (vs 43.4% at 30/09/2023)
- Intrinsic value per share (EPRA NTA) : €61.88 (vs €63.59 at 30/09/2023)
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