Last €93.01 EUR
Change Today +0.41 / 0.44%
Volume 15.5K
COFB On Other Exchanges
Symbol
Exchange
EN Brussels
Berlin
EN Paris
As of 11:35 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

cofinimmo (COFB) Snapshot

Open
€92.46
Previous Close
€92.60
Day High
€93.12
Day Low
€92.46
52 Week High
07/30/14 - €94.49
52 Week Low
09/4/13 - €82.56
Market Cap
1.7B
Average Volume 10 Days
24.3K
EPS TTM
€-1.98
Shares Outstanding
17.3M
EX-Date
--
P/E TM
--
Dividend
€5.50
Dividend Yield
6.45%
Current Stock Chart for COFINIMMO (COFB)

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cofinimmo (COFB) Details

Cofinimmo S.A. is a publicly owned real estate firm. The firm primarily invests in office properties and nursing homes. It owns, develops, and manages offices based in Belgium typically in Brussels. The firm also provides property related services including workspace definition services, workspace maintenance services, security package, and connectivity packages. Cofinimmo was founded in 1983 and is based in Brussels, Belgium.

105 Employees
Last Reported Date: 03/21/14
Founded in 1983

cofinimmo (COFB) Top Compensated Officers

Managing Director, Executive Director and Cha...
Total Annual Compensation: €262.0K
Compensation as of Fiscal Year 2012.

cofinimmo (COFB) Key Developments

Cofinimmo S.A. Reports Audited Consolidated Earnings Results for the Second Quarter and First Half ended June 30, 2014

Cofinimmo S.A. reported audited consolidated earnings results for the second quarter and first half ended June 30, 2014. For the quarter, the company reported rental income of €48,965,000 compared with €49,043,000 for the same period last year. Net rental income was €53,369,000 compared with €55,360,000 for the same period last year. Operating result was €27,587,000 compared with €40,586,000 for the same period last year. Pre-tax result was negative €61,083,000 compared with positive of €15,948,000 for the same period last year. Net result was negative €61,235,000 compared with positive of €15,510,000 for the same period last year. Net result ­ Group share was negative €62,229,000 compared with positive of €14,047,000 for the same period last year. For the first half, the company reported rental income of €97,385,000 compared with €97,622,000 for the same period last year. Net rental income was €108,688,000 compared with €110,253,000 for the same period last year. Operating result was €67,843,000 compared with €80,272,000 for the same period last year. Pre-tax result was negative €59,911,000 compared with positive of €39,883,000 for the same period last year. Net result was negative €59,271,000 compared with positive of €39,301,000 for the same period last year. Net result ­ Group share was negative €61,475,000 or 3.42 diluted per share compared with positive of €36,528,000 or 2.08 diluted per share for the same period last year. Net current results were negative €37,728,000 against positive of €51,923,000 a year ago. Net current results – Group share were negative €39,740,000 or 2.21 diluted per share against positive of €49,233,000 or 2.80 diluted per share a year ago. Cash flow from operating activities was €76,514,000 against €79,373,000 a year ago. Investments in intangible assets and other tangible assets was €52,000 against €436,000 a year ago. Net asset value per share of €85.17 at June 30, 2014.2013.

Cofinimmo S.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Cofinimmo S.A. reported consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company's operating result before result on the portfolio was €46.426 million, compared to €46.105 million for the last year. Net rental income was €55.318 million, compared to €54.893 million for the last year. Property result was €54.446 million against €53.994 million a year ago. Property operating result was €48.294 million against €47.837 million a year ago. Operating result was €40.256 million against €39.684 million a year ago. Pre-tax result was €1.171 million against €23.935 million a year ago. Net result was €1.962 million against €23.790 million a year ago. The net current result (excluding IAS 39 impact) ­ Group share reaches €30.6 million at March 31, 2014, against €28.9 million at March 31, 2013. IAS 39 impact included, this result amounts to €6.2 million at March 31, 2014, compared to €28.9 million at March 31, 2013. The loss on the portfolio ­ Group share amounts to €5.5 million at March 31, 2014, against €6.5 million at March 31, 2013. The net result ­ Group share amounts to €0.7 million at March 31, 2014, compared to €22.5 million at March 31, 2013. Per share was €0.04 at March 31, 2014 and €1.32 at March 31, 2013.

Cofinimmo S.A. Announces Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Earnings Guidance for the Year Ending December 31, 2014

Cofinimmo S.A. announced consolidated earnings results for the year ended December 31, 2013. For the year, the company reported cash flow resulting from operating activities was €162.97 million against €150.18 million a year ago. Investments in intangible assets and other intangible assets were €0.584 million against €0.461 million a year ago. Acquisitions of investment properties were €7.85 million against €15.5 million a year ago. The average debt level stands at €1,685.8 million at December 31, 2013, against €1,704.7 million at December 31, 2012. For the quarter, the company reported net rental income was €55.11 million against €55.1 million in the prior quarter. Operating results was €17.99 million against €38.57 million in the prior quarter. Operating result (before result on the portfolio) was €45.01 million against €47.58 million for the prior quarter. Pre-tax result was €0.478 million against €23.06 million for the prior quarter. Net result was €0.349 million against €22.21 million for the prior quarter. Net result – group share was €1.09 million against €21.12 million for the prior quarter. Net current result – group share was €25.85 million against €29.84 million for the prior quarter. Loss on the portfolio – group share was €24.76 million against €8.72 million for the prior quarter. For the year ending December 31, 2014, the company expects property result of €220.11 million, property operating result of €194.06 million, operating result of €187 million, net current result – group share of €118.94 million or €6.61 per share and €6.61 per share, excluding IAS 39 impact.

 

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