Interim statement 01.01.2020 – 31.03.2020
EPRA Earnings for Q1 2020 amount to 38.1 million euros, an increase of 14% compared to Q1 2019. The EPRA Earnings per share amount to 0.22 euros, an increase of 7% compared to Q1 2019.
Over the course of the first quarter of 2020, a new investment package of approx. 110 million euros was secured within the context of the 2019 – 23 growth plan.
Having a robust balance sheet with solid financial ratios, a strong liquidity position, as well as a property portfolio that is crucial to the supply chain and is characterised by a diversified, high-quality client base, WDP believes it is well positioned to weather the crisis caused by the Covid-19 pandemic.
WDP confirms the envisaged gross dividend of 0.80 euro (payable in 2021, an increase of 8% year-on-year), based on anticipated EPRA Earnings per share of 0.95 to 1.00 euro (taking into account the estimated impact of the Covid-19 crisis, previously 1.00 euro). This outlook is based on the current knowledge and assessment of the crisis.