Edison Investment Research - Raven Property Group (RAV) Update: Swimming

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Edison Investment Research

Update: Swimming

Against a very challenging operating environment, we consider Ravenâ€™s
H115 performance to have been robust, and ahead of that implied by our
full-year estimates. Net operating income was down 3% on H114 and
underlying EPS and NAV by 3% each. The focus continues to be on
collecting rents and maintaining occupancy, with no current development
projects to fund. The cash balance is strong with no near-term funding
needs. We believe Raven is strongly positioned to weather the likely
challenges and take opportunities when recovery comes.

08/09/2015 12 EN

Underlying

Raven Property Group

Raven Property Group is a property investment group focusing on commercial real estate in Russia. Co. has three operating segments: Property Investment, which acquires, develops and leases commercial property in Russia; Roslogistics, which is engaged in the provision of warehousing, transport, customs brokerage and related services in Russia; and Raven Mount, which sells residential property in the U.K.

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GB00B0D5V538 London Stock Exchange Guernsey

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Update: Swimming

Raven Property Group (RAV): Increasing rents and property valuations

Raven Property Group - Increasing rents and property valuations

Raven Property Group - Increasing rents and property valuations

The Pebble Group - Two distinct businesses in one

MotorK - Strong pipeline and cash target reaffirmed

Newron Pharmaceuticals - Evenamide notches up another win (study 008A)

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