SELECTIRENTE 2024 Annual Results: Solid Financial Statements and Reinforced Strategy

SELECTIRENTE has shown a notable performance in 2024 despite a fragile economic context. The company has displayed a solid financial structure with an EPRA LTV debt ratio of 34.9%, an extended average debt maturity and an average cost of debt lowered to 1.75%. This financial stability is reinforced by a new €80 million refinancing line converted into a Sustainability Linked Loan.

In terms of results, SELECTIRENTE recorded a 117% increase in its IFRS net profit, reaching €28.6 million. The EPRA recurring net profit amounts to €20.4 million. The company also proposed a dividend of €4.10 per share, up 2.5% compared to the previous year.