A positive financial year 2018 across Icade’s 3 business lines

2018 revenue: €1.77 billion, i.e. +9.4% (vs. 2017 restated 1 )

Net current cash flow per share: €5.15, i.e. +8.9%

Portfolio value (Group share): €11.3 billion2 , i.e. +4.4% from December 2017 and €13.4 billion (full consolidation)

EPRA triple net asset value per share at €89.8, +5.9% from December 2017

Net profit attributable to the Group: €154.9 million (+18.8%3 )

• Proposed dividend per share: €4.60, i.e. +7.0%

• 2019 outlook:

o Stable Group net current cash flow per share, excluding the impact of 2019 disposals

o 2019 dividend: c.+4.5% (90% of NCCF and, as the case may be, distribution of part of the gains on disposals)

 

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Marylou Ravix

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