VGP expected to post substantial higher net profit for first half 2020

Regulated Information

05 August 2020 (06.00 p.m. CET), Antwerp (Belgium): VGP NV (‘VGP’ or ‘the Group’), a leading European provider of high-quality logistics and semi-industrial real estate, today announced that, based on current preliminary condensed consolidated financial statements which are still subject to its auditor’s limited review, the Group expects a net profit for the half year ended 30 June 2020 of between €180 million and €200 million.  This compares to a net profit of €75 million for the half year ended 30 June 2019.