Xior: Chief Financial Officer to step down at end of 2026
The Belgian real estate company listed on Euronext Brussels is reorganizing its financial management following more than fourteen years of collaboration with its Chief Financial Officer.
End of Frederik Snauwaert's mandate on December 31, 2026
Xior Student Housing NV announced on September 14, 2026 the end of Frederik Snauwaert's mandate as Chief Financial Officer (CFO) and Executive Director, effective December 31, 2026.
According to the statement, this decision was taken by mutual agreement in order to align the company's financial management with its next phase of growth. Frederik Snauwaert remains involved with Xior as a shareholder.
The Board of Directors and management team expressed their gratitude for his contribution over more than fourteen years to the development of the group. From the beginning of the year, he will dedicate himself to a new professional project.
Transition ensured and successor sought
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Frederik Snauwaert will remain in position until December 31, 2026 and will work alongside the Board of Directors and management team to ensure the transfer of his responsibilities and the continuity of the financial organization.
The Board of Directors has initiated the search for a successor and indicates that it will keep the market informed of developments in this process. During the transition, the company will rely on its existing financial team for the organization of financial reporting, financing and governance processes.
9M 2026 results fully in line ; 2026 guidance reaffirmed: EPRA EPS 2.30 EUR and DPS 1.84 EUR ; Xior expects further growth in earnings per share (EPS) to 2.40 EUR (2027)
Outlook / guidance
Management commentary: For the financial year 2026, Xior confirms its outlook of earnings per share (EPS) of 2.30 EUR and a dividend per share (DPS) of 1.84 EUR, representing a 4% increase compared with 2025. For the financial year 2027, Xior expects further growth in earnings per share (EPS) to 2.40 EUR and a dividend per share (DPS) of 1.92 EUR, representing a 4% increase compared with 2026.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
