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Stock impact report

SFL – Third-Quarter 2024 Financial Information [Yahoo! Finance]

FAST RETAILING UNSP/ADR (FRCOY) 
NASDAQ:AMEX Investor Relations: fastretailing.com/eng/ir
Company Research Source: Yahoo! Finance
PARIS, October 24, 2024 BUSINESS WIRE )--Regulatory News: SFL's (Paris:FLY) operating indicators improved significantly in the first nine months of 2024 compared with the year-earlier period. Rental income rose by a strong 8.9% vs. the first nine months of 2023, attesting to the property portfolio's robustness and its appeal to the increasing number of businesses looking for modern offices in strategic locations with excellent environmental performance ratings. Revenue growth was driven by the high level of rental activity which allowed the Group to capture the portfolio's reversionary potential, with the average nominal rent lifted by 14.7% to a record €982/sq.m. Dimitri Boulte, SFL's Chief Executive Officer commented: "Quarter after quarter, we are seeing sustained demand for central locations, modern, environmentally-friendly and technically advanced offices, and access to an array of services. Our strategy is perfectly aligned with these expectations. Thanks to our unique por Show less Read more
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