Klépierre : Operational performance higher than forecasts, mitigated by market effect
>Guidance for 2019 net current cash flow per share raised to over € 2.76 based on dynamic operating activity - Klépierre has reported a 5.4% increase y-o-y in its net current cash flow (NCCF) per share to € 1.38, higher than forecast, and has raised its full-year guidance for the metric to at least € 2.76 vs the initial guidance of between “€ 2.73 and € 2.75â€. This operating performance is mainly driven by: 1/ rental income growth of +3.1% y-o-y (i.e. +150bp vs indexa...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.