May 17, 2017 / 5:15 AM / 3 months ago

BRIEF-ADO Properties Q1 EBITDA from rental activities up 25.1%

May 17 (Reuters) - ADO PROPERTIES SA:

* EBITDA FROM RENTAL ACTIVITIES +25.1% AND FFO1 +39.6%

* CONFIRMS POSITIVE OUTLOOK FOR 2017 FINANCIAL YEAR

* STRONG INCREASE OF INCOME FROM RENTAL ACTIVITIES (+24.3%) DRIVEN BY NEW ACQUISITIONS AND LIKE-FOR-LIKE GROWTH

* FFO1 (WITHOUT PROFIT FROM DISPOSALS) INCREASED BY 39.6% UP TO EUR 13.1 MILLION (Q1 2016: EUR 9.4 MILLION) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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