June 7, 2017 / 5:38 AM / 4 months ago

BRIEF-Aroundtown Property Holdings Q1 rental and operating income increases by 128%

June 7 (Reuters) - AROUNDTOWN PROPERTY HOLDINGS PLC :

* Q1 RENTAL AND OPERATING INCOME IN THE FIRST THREE MONTHS OF 2017 AT €114 MILLION, INCREASED +128% YOY

* ADJUSTED EBITDA GROWTH OF +75% TO €93 MILLION FROM €53 MILLION IN Q1 2016

* Q1 NET PROFIT AMOUNTED TO €247 MILLION FROM €230 MILLION IN Q1 2016

* EPRA NAV OF €4.2 BILLION AS OF MARCH 31, 2017, AMOUNTING TO €5.2 PER SHARE, UP 6% FROM YE 2016

* EQUITY RATIO STABLE AT 46%, INCREASING TO 51% ON A PRO FORMA BASIS

* CASH AND LIQUID ASSETS AT €868 MILLION AS OF MARCH 2017 Source text: bit.ly/2rzOFvG Further company coverage: (Gdynia Newsroom)

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