February 28, 2018 / 6:26 AM / 6 months ago

BRIEF-Merlin FY Recurring EBITDA Up 29 Pct At 392.6 Mln Euros YoY

Feb 28 (Reuters) - MERLIN PROPERTIES SOCIMI SA:

* SAYS FY GROSS RENTAL INCOME UP 34 PCT AT 469.4 MILLION EUROS

* FY NET PROFIT 1.10 BILLION EUROS VERSUS 582.6 MILLION EUROS

* FY RECURRING EBITDA UP 29 PCT AT 392.6 MILLION EUROS

* EPRA NAV 13.25 EUROS PER SHARE AT END-DECEMBER VERSUS 11.23 EUROS PER SHARE AT END-DECEMBER 2016

* TO PAY COMPLEMENTARY DIVIDEND OF 0.26 EUROS PER SHARE

* SEES 2018 DIVIDEND OF AT LEAST 235 MILLION EUROS, WHICH WOULD MEAN OVER 0.50 EUROS PER SHARE

Source text: bit.ly/2GQ6DPa bit.ly/2Cp9cJT

Further company coverage: (Gdynia Newsroom)

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