Saint Croix Holding Immobilier, SOCIMI, S.A. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017
July 27, 2017
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Saint Croix Holding Immobilier, SOCIMI, S.A. reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, income was EUR 8,454,734 against EUR 8,471,450 for the same period prior year. EBITDA was EUR 7,569,854 against EUR 7,567,670 for the same period prior year. EBT was EUR 5,383,151 against EUR 5,528,134 for the same period prior year. Net profit was EUR 4,967,635 against EUR 5,528,134 a year ago. Net operating income was EUR 7,750,762 against EUR 7,787,200 for the same period prior year. FFO was EUR 7.55 million or 1.12 per share. Net debt as on was June 30, 2017 63.35 million. Earnings per share were EUR 1.12 against EUR 1.24 for the same period prior year. Net turnover was EUR 8,454,734 against EUR 8,471,450 a year ago. Profit before tax was EUR 5,383,151 against EUR 5,528,134 a year ago. Cash flows from operating activities was EUR 8,689,187. Payments for fixed assets were EUR 642.
Saint Croix Holding Immobilier SOCIMI SA is a Spain-based company primarily engaged in the operation of hospitality real estate investment trusts (REITs). The Company focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The Company's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.
SAINT CROIX HOLDING IMMOBILIER, SOCIMI, S.A. 