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Selectirente SA Reports Strong 2024 Performance with Strategic Growth

Story Highlights

An update from Selectirente SA ( (FR:SELER) ) is now available.

Selectirente SA reported strong operational performance for 2024, driven by a robust financial structure and disciplined management. The company’s assets were valued at €576 million, and it achieved significant net income growth to €28.6 million, reflecting effective portfolio management and investment strategies. Despite a slight dip in overall rental income, the company maintained high occupancy and rent collection rates, bolstered by a lower debt ratio and efficient cost management. The proposed dividend increase further underscores the company’s solid financial health and commitment to shareholder value.

More about Selectirente SA

Selectirente SA is a real estate company specializing in local retail properties, focusing on the acquisition, management, and development of such assets in a dynamic and strategic market.

YTD Price Performance: 0.60%

Average Trading Volume: 22

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €352.2M

For detailed information about SELER stock, go to TipRanks’ Stock Analysis page.

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