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Mercialys: growth in net income by 2024

(CercleFinance.com) - Mercialys has announced a 3.
8% increase in recurring net income (RNI) to €113.1 million (€1.21 per share) for 2024, exceeding the company's target of at least +2% growth in RNI per share.

Invoiced rents rose by 0.9% to 179.2 million, benefiting from organic growth of 3.9%, driven by the effect of indexation (+4%) and the contribution of variable rents (+0.3%), an indicator of good retailer activity.

The Board of Directors will propose to the AGM on April 29 the payment of a dividend of one euro per share, compared with 0.99 euro for 2023. For 2025, Mercialys is targeting a net income per share of 1.22 to 1.25 euros and a dividend per share of at least one euro.

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