(CercleFinance.com) – Mercialys shares suffered one of the biggest declines in the SBF 120 late Thursday morning after more cautious declarations regarding the next dividend payment.
The property company announced last night, on the occasion of the publication of its annual results, that the food distributors Intermarché, Auchan and Carrefour would soon replace the Casino group’s brands and thus considerably improve the rental risk profile this year.
For 2023, its recurring net profit (RNR) increased by 3.3% to 109 million euros, or 1.17 euros per share, a performance above the objective of an increase of at least 2%.
The commercial real estate group plans to offer its shareholders a dividend of 0.99 euros per share for 2023, an increase of 3.1% from one year to the next, which represents 85% of the RNR .
For 2004, Mercialys has set itself the objective of growing its RNR per share of at least 2%, accompanied by a dividend situated in a range of 75% to 95% of the RNR.
This latter objective is, however, lower than that which had been set for the 2023 financial year, namely a dividend per share of between 85% and 95% of the recurring result.
Following these statements, Mercialys shares lost 3.2% late Thursday morning, after falling nearly 6.5% at the very start of the session.