Retail Estates N.V. (FRA:R6N)

Retail Estates Income Statement

Financials in millions EUR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Rental Revenue	145.02	143.41	139.53	125.86	115.77	102.6
Tenant Reimbursements	-2.82	-2.71	-2.3	-1.92	-1.99	-1.57
Other Revenue	-0.23	-0.18	-0.19	-0	-0.1	-0.1
Total Revenue	141.97	140.52	137.04	123.94	113.69	100.94
Revenue Growth (YoY	1.17%	2.54%	10.57%	9.02%	12.63%	-5.22%
Property Expenses	16.13	15.85	14.65	13.89	9.68	8.28
Selling, General & Administrative	9.2	9.29	8.71	7.2	6.03	5.62
Other Operating Expenses	-1.4	-1.57	0.37	4.6	1.32	-0.99
Total Operating Expenses	23.93	23.57	23.73	25.69	17.03	12.91
Operating Income	118.04	116.95	113.32	98.25	96.66	88.03
Interest Expense	-20.15	-20.23	-21.62	-19.03	-18.49	-20.59
Interest & Investment Income	0.15	0.11	0.11	0.11	0.03	-
Other Non-Operating Income	-0.03	-0.02	-0.06	0	0.14	0.16
EBT Excluding Unusual Items	98.01	96.81	91.74	79.33	78.34	67.6
Gain (Loss) on Sale of Investments	-4.46	-13.07	-16.49	41.65	34.48	2.67
Gain (Loss) on Sale of Assets	0.05	0.39	-0.4	0.14	0.33	0.83
Total Insurance Settlements	0.1	0.1	0.5	0.2	0.32	0.25
Asset Writedown	24.91	27.84	51.19	55.92	23.08	-5.96
Other Unusual Items	-1.23	-1.23	-2.66	-2	-1.37	-1.55
Pretax Income	117.38	110.83	123.89	175.24	135.17	63.84
Income Tax Expense	3.53	2.36	0.73	-6.2	3.34	2.4
Earnings From Continuing Operations	113.85	108.47	123.16	181.44	131.84	61.44
Minority Interest in Earnings	-1.88	-1.78	-0.19	-0.82	-	-
Net Income	111.97	106.7	122.97	180.62	131.84	61.44
Net Income to Common	111.97	106.7	122.97	180.62	131.84	61.44
Net Income Growth	43.17%	-13.23%	-31.92%	37.00%	114.59%	5.75%
Basic Shares Outstanding	15	15	14	14	13	13
Diluted Shares Outstanding	15	15	14	14	13	13
Shares Change (YoY)	2.28%	2.33%	2.77%	7.88%	1.91%	2.36%
EPS (Basic)	7.57	7.29	8.60	12.99	10.23	4.86
EPS (Diluted)	7.56	7.29	8.60	12.99	10.23	4.86
EPS Growth	40.02%	-15.23%	-33.77%	27.00%	110.58%	3.32%
Dividend Per Share	5.100	5.100	5.000	4.900	4.600	4.500
Dividend Growth	2.00%	2.00%	2.04%	6.52%	2.22%	2.27%
Operating Margin	83.14%	83.23%	82.69%	79.27%	85.02%	87.21%
Profit Margin	78.87%	75.93%	89.73%	145.73%	115.97%	60.86%
EBITDA	119.63	118.53	114.56	99.04	97.36	88.44
EBITDA Margin	84.27%	84.35%	83.59%	79.91%	85.64%	87.62%
D&A For Ebitda	1.6	1.58	1.24	0.79	0.71	0.41
EBIT	118.04	116.95	113.32	98.25	96.66	88.03
EBIT Margin	83.14%	83.23%	82.69%	79.27%	85.02%	87.21%
Effective Tax Rate	3.01%	2.13%	0.59%	-	2.47%	3.76%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.