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Beni Stabili: first half 2017 results

Posted: 19 July 2017

In the first half of 2017, Beni Stabili Siiq, the biggest real estate company quoted on Italian Stock exchange for capitalization, closed the first half with a net profit of €40.7 million (131 million in the same period of 2016).

Recurring net income was 55.7 mln (+ 8.4% y/y), gross rental income was 101.9 mln (98.9 mln in 2016), real estate totaled 4.304 billion ( At €4,094 billion at the end of 2016, Epra Nav per share is €0.832 (€0.838 as of June 30, 2016), Epra Nnnav per share is €0.807 (€0.777 at June 30, 2016).

The net financial position is negative but it improves to 2,196 billion (-2,230 billion at 31 December 2016).