Belgian listed warehouse property company WDP has reported a net current profit of EUR 25 mln for the first half of 2012, an increase of 16.8% over the same period last year. Net current profit per share equals EUR 1.82, an increase of 7.5% compared to EUR 1.70 in H1 2011.
Belgian listed warehouse property company WDP has reported a net current profit of EUR 25 mln for the first half of 2012, an increase of 16.8% over the same period last year. Net current profit per share equals EUR 1.82, an increase of 7.5% compared to EUR 1.70 in H1 2011.
'WDP is on track to achieve the targeted cumulative profit growth of 20% per share for the period 2010-13,' the company said.
The fair value of the company's portfolio ia valued at over EUR 1 bn compared to EUR 989 mln at end-2011. The properties are located in Belgium, the Netherlands, France, the Czech Republic and Romania.
