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 PRESS RELEASE

MERCIALYS : Informations relatives au nombre total de droits de vote e...

PARIS--(BUSINESS WIRE)-- Regulatory News: MERCIALYS (Paris:MERY): Nombre d’actions composant le capital Nombre total de droits de vote Nombre total de droits de vote exerçables en assemblée générale 93 886 501 93 886 501 93 522 214    Consultez la version source sur businesswire.com :

Florent Laroche-Joubert
  • Florent Laroche-Joubert

Klépierre : A very good operational performance in Q1 2024 in line wit...

>Operational performance with organic growth of +4.8% - Klépierre has posted a solid operational performance as we had expected. This includes NRI in Q1 2024 of € 253.4m, i.e. growth of +4.8% at constant scope:Retailer sales in Q1 2024 were up +4.3% y-o-y vs +6% for 12m 2023: the previously observed positive trend has therefore continued and is driven by several factors: 1/ by geographic zone, the Iberian Peninsula (+7.0%), Netherlands/Germany/central Europe (+6...

Florent Laroche-Joubert
  • Florent Laroche-Joubert

Klépierre : Très bonne performance opérationnelle sur le T1 24 en lign...

>Performance opérationnelle avec une croissance organique de 4.8% - Klépierre publie une performance opérationnelle solide comme nous l’anticipions. Elle intègre un NRI au T1 2024 de 253.4 M€ soit une croissance de 4.8% à périmètre constant :CA commerçants au T1 2024 à +4.3% yoy vs +6% sur 12M 23 : la tendance positive observée précédemment s’est donc poursuivie et est portée par plusieurs facteurs : 1/ par zone géographique, l’Ibérie (+7.0%), les Pays-Bas/ l’Al...

 PRESS RELEASE

KLÉPIERRE: Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM

KLÉPIERRE: Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM PRESS RELEASE Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM Paris — May 3, 2024 Klépierre, the European leader in shopping malls, delivered a solid performance over the first quarter of 2024(1): Like-for-like(2) net rental income up 4.8% year on year, outpacing indexation by 200 basis points4.4% EBITDA growthGood momentum for sales and footfall: Retailer sales, up 4.3%(3) compared to Q1 2023Footfall up 3% Continuous operating excellence: 2.1% positive reversion on renewals and re-lettingsFinancial occupancy rate at 96....

 PRESS RELEASE

KLÉPIERRE: LOYERS NETS + 4,8% À PÉRIMÈTRE CONSTANT AU T1 2024, CONFIRM...

KLÉPIERRE: LOYERS NETS + 4,8% À PÉRIMÈTRE CONSTANT AU T1 2024, CONFIRMANT LA DYNAMIQUE DE CROISSANCE DE 2023 COMMUNIQUÉ DE PRESSE LOYERS NETS + 4,8% À PÉRIMÈTRE CONSTANT AU T1 2024, CONFIRMANT LA DYNAMIQUE DE CROISSANCE DE 2023 Paris, le 3 mai 2024 Klépierre, leader européen des centres commerciaux, a enregistré une forte croissance au premier trimestre 2024(1) : Revenus locatifs nets en augmentation de 4,8 % sur un an à périmètre constant(2), soit 200 points de base au-dessus de l’indexation ; Hausse de 4,4 % de l’EBE ;Solide dynamique du chiffre d’affaires des commerçant...

Inna Maslova
  • Inna Maslova

Klepierre - Q1 trading update

NRI was up 4.8% to EUR 253.4m, with indexation representing 2.8% and the remainder being driven by reversion and higher additional revenues.Q1 retailer sales were up 4.3% YoY, with Health & Beauty (+12.2%), Food & Beverage (+5.8%) and Fashion (+4.5%) showing the strongest performance. Household equipment was the only segment posting negative growth (-2.0%). 2024 net current cash flow (NCCF) per share guidance confirmed at EUR 2.45-2.50 (-1.2% to +0.8% YoY), EBITDA to grow 4% YoY.The update is in...

Wereldhave Nv: 2 directors

Two Directors at Wereldhave Nv bought 50,425 shares at 13.100EUR. The significance rating of the trade was 89/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly...

Francesca Ferragina
  • Francesca Ferragina

Wereldhave/French asset disposals first, growth to follow/HOLD

1Q24 started with 2.2% YoY LFL net rental growth, below the 5% FY target. Decelerating inflation and the settlement of some service charges impacted this performance which, based on management expectations, is set to improve in the coming quarters. We think that 4% LFL looks more realistic for 2024. That said, the bottom-line guidance of a €1.75 direct result per share is consistent with our numbers. We have fine-tuned our estimates to now incorporate a first French disposal by year end and a se...

Jan Frederik Slijkerman ... (+5)
  • Jan Frederik Slijkerman
  • Jeroen van den Broek
  • Jesse Norcross
  • Nadège Tillier
  • Timothy Rahill

Coffee, Croissants & Credit/IBM, Cellnex, Proximus, Unibail and Gecina

Technology - IBM 1Q24 figures reasonable, but potential acquisition could worsen credit metrics

 PRESS RELEASE

Carmila : Lancement d’un programme de rachat d’actions pour 10 million...

PARIS--(BUSINESS WIRE)-- Regulatory News: Carmila (Paris:CARM) a confié à un prestataire de service d’investissement un mandat de rachat d’actions au comptant portant sur un montant maximum de 10 millions d’euros. La période d’achat courra du 29 avril 2024 au 31 juillet 2024, au plus tard. Environ 70 000 titres ainsi rachetés seront attribués dans le cadre du plan d’attribution gratuite d’actions 2021, en faveur de ses dirigeants et salariés. La partie restante sera conservée par Carmila en vue de son annulation future. Cette opération s’inscrit dans le cadre du programme de rachat d’a...

 PRESS RELEASE

Wereldhave announces reappointment of Supervisory Board member Hein Br...

Wereldhave announces reappointment of Supervisory Board member Hein Brand at Annual General Meeting of Shareholders Wereldhave is pleased to announce the reappointment of Mr. Hein Brand as member of the Supervisory Board, as approved by the Annual General Meeting of shareholders (AGM) of Wereldhave N.V. In his role as Vice President of the Supervisory Board and Chairman of the Audit Committee, Mr Brand will continue to provide valuable leadership and guidance to the company for a period of two years, ending at the Annual General Meeting in April 2026. Full voting results of t...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASM International: 1Q24 results - better on all fronts. Heineken: Uphill from here. KPN: 1Q24 in line, guidance slightly increased on Youfone acquisition. Melexis: 1Q24 results in line a relief. Universal Music Group: Spotify 1Q24 Results and guidance beat on margins. Vopak: Good progress to start the year. Wereldhave: 1Q24 LFL slows sharply

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

Wereldhave : Q1 2024 results: Strong revaluations in Belgium, DRPS out...

>FY2024 outlook reiterated, positive operational momentum - FY2024 outlook of direct result per/sh (DRSP) reiterated at € 1.75Yesterday Wereldhave Belgium (66% owned by Wereldhave) reported an increase of the fair value of the investment property portfolio by +4.1% compared to YE2023, stemming from FSC completions and increased market rents (ERV), while capital expenditures were limited.Like-for-like growth portfolio of 2.2% (FY2023: 7.9%). Occupancy to 95....

 PRESS RELEASE

Wereldhave Trading update Q1 2024

Wereldhave Trading update Q1 2024 Full Service Center footfall continues to power ahead: 10% above Q1 2023Retail sales +5%, well above inflationPolarizing leasing market in the Benelux with several expanding formulas but also some bankruptciesLeasing spreads in the Netherlands moving into positive territoryRent collection >97% underpinning tenant qualityLTV improved to 41.5% due to positive Belgian revaluations (ERV driven) and targeted CAPEXUpdate on short-term strategic focus: rotating capital out of the Netherlands to further reduce LTVFull Service Center Sterrenburg awarded with the 202...

Amal Aboulkhouatem
  • Amal Aboulkhouatem

Wereldhave - Resilient trading update despite one-offs

Rental income emerged at EUR 41.9m, up +9% YoY. On an LfL basis, net rents are up +2.2% YoY. Occupancy is slightly down over the quarter at 95.3% (down 50bps over the quarter).Direct results landed at EUR 21.4m, down -4% YoY (-10.9% on a per-share basis at EUR 0.41) impacted by one-offs (refinancing and settlements of service charges).The company maintains its guidance of a DRPS at EUR 1.75 per share based on a LfL growth of 5%.We sustain our ‘Hold' rating.

Carole Braudeau
  • Carole Braudeau

Morning Crédit 19/04/2024

Telecom Italia lance une offre d’échange sur ses obligations à échéance 2026 ou plusBoels et Carnival ont finalisé leurs émissions obligataires>...

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