March 20, 2018 / 6:17 AM / a month ago

BRIEF-ADO Properties Income From Rental Activities Up At EUR 109.2 Mln

March 20 (Reuters) - ADO PROPERTIES SA:

* DIVIDEND 0.60 EURPER SHARE VERSUS 0.45 EURPER SHARE YEAR AGO

* DIVIDEND PROPOSAL FOR BUSINESS YEAR 2017 OF EUR 0.60 PER SHARE (2016: EUR 0.45 PER SHARE)

* SEES FFO 1 RUN RATE IN 2018 AROUND EUR 64 MILLION AFTER CLOSING ALL SIGNED TRANSACTIONS

* INCOME FROM RENTAL ACTIVITIES OF ADO PROPERTIES INCREASED IN 2017 BY 21.6% TO EUR 109.2 MILLION

* FY FFO1 (FROM RENTAL ACTIVITIES) ROSE BY 24.9% UP TO EUR 54.3 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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