Gecina: annual NI up almost 7%
(CercleFinance.com) - Gecina has published a third consecutive year of growth in recurring net income (group share) in 2024, up 6.
7% to E6.42 per share, above its guidance, and anticipates between E6.60 and E6.70 per share for 2025.
This performance was driven by a 4.1% increase in rental income to E694.5m (+6.3% LFL), the fruit of indexation that remains high and of rental reversion captured within an increasingly polarized market.
A 15 cent increase in the dividend to E5.45 per share will be submitted to the AGM for the past financial year. This dividend will be paid in full in cash (payment of an interim dividend of E2.70 on 5 March, followed by the balance of E2.75 on 4 July).
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