Aventus Group Reported Strong Result In 1H FY2020.

  • Feb 11, 2020 AEDT
  • Team Kalkine

Aventus Group (ASX: AVN) has released its 1H FY2020 outcome for the period ended 31 December 2019.

Portfolio Highlights:

  • Like-for-like Net Operating Income increased by 3.1%.
  • Able to achieve high occupancy of 98.6%.
  • High exposure to national tenants, comprising 87% of the portfolio by GLA.

Financial Highlights:

  • Funds from Operations during the period was $53 million.
  • Distribution per shares was 8.5 cents.
  • Total Shareholder Return of 44.1% for the 12 months ended 31 December 2019.
  • Statutory profit for the period was $72 million.

 

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK