Cofinimmo posts rise in net profit

Belgian real estate company Cofinimmo has posted a nine-months net profit of EUR 86.6 mln, up from EUR 62.163 mln a year earlier. Net earnings per share was EUR 8.91, compared with EUR 6.40 in the same period last year. Rental income fell to EUR 101.8 mln from EUR 109.8 mln. 'Save for unforeseen events,' Cofinimmo said, it expects to meet its full-year target of net earnings per share of EUR 8.46. It has committed itself to paying a gross dividend per share of EUR 7.40.

Would you like to read more? Log in first (top right of the screen) or take a trial.