29th Mar 2021 14:29
Phoenix Spree Deutschland Ltd - real estate investment company - Pretax profit rises 33% in 2020, to EUR37.9 million from EUR28.6 million the previous year. Gross rental income rises 5.7% to EUR23.9 million to EUR22.6 million. Total dividend for year is flat at 7.5 euro cents. Expects market and demographic trends in Berlin to remain positive, although rent controls will continue to have an impact if legal challenge against them fails.
Current stock price: 328.93 pence.
Year-to-date change: up 3.6%.
By Ivan Edwards; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Phoenix Spree D