Klepierre - 9M trading update
NRI up 8.6% to EUR 736.7m. 9m retailer sales were up 7 % vs 9M 2022 levels, mainly driven by Food & Beverage (+14%).In contrast, Household equipment remains subdued, decreasing by 3% YoY.2023 net current cash flow (NCCF) per share guidance confirmed at least EUR 2.40 (+7 % YoY excl. one-off and divested assets).Klépierre released a light trading update, reiterating the earnings guidance for 2023.Hold.Klepierre specializes in the development, rental, and asset management of real estate properties in 13 Continental Europe countries. Co. also provides services to third party customers. Co.'s properties include shopping centers, office buildings and shops. It structures its operation into business segments and geographic regions: Shopping centers are structured into 6 operating segments, and the remaining two operating segments are Retail Assets and Office Buildings. As of Dec 31 2013, Co.'s portfolio comprised 91 centers in France/Belgium, 25 centers in Scandinavia, 35 centers in Italy, 76 centers in Spain/Portugal, 23 centers in Central Europe, and 6 centers in other countries.
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