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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Unibail Rodamco Westfield SE | TG:1BR1 | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.38 | 0.52% | 73.14 | 73.00 | 73.08 | 73.70 | 73.02 | 73.02 | 829 | 13:30:01 |
Paris, Amsterdam, October 26, 2023
Press release
UNIBAIL-RODAMCO-WESTFIELD Q3-2023 TRADING UPDATE
2023 AREPS EXPECTED TO BE AT LEAST €9.50 ON THE BACK OF A STRONG OPERATING PERFORMANCE
Commenting on the results, Jean-Marie Tritant, Chief Executive Officer stated:
“Our results for the first nine months of 2023 demonstrate the continued strong operational performance of our Shopping Centres, with higher tenant sales and footfall and a +8.4% uplift in Minimum Guaranteed Rent on a record high leasing activity. This led to a like-for-like Group turnover growth of +11.7%, which was also supported by the performance of Offices and our Convention & Exhibition activities.
We made further deleveraging progress with asset sales in the US and Europe, and continue to benefit from a low and controlled cost of debt, and over 36 months of liquidity.
In October, we announced the evolution of our Better Places sustainability roadmap showing how URW supports the environmental transition of cities and the retail industry and its path to net-zero. The comprehensive approach fully aligns with our strategy to strengthen our core business, build new revenue platforms and maximize the value of our assets; and it positions URW to unlock new opportunities in the future.
Based on the strong performance of the first nine months, 2023 AREPS is expected to be at least 9.50 euros.”
For further details, please refer to the Q3-2023 Trading update press release attached.
Attachment
1 Year Unibail Rodamco Westfield Chart |
1 Month Unibail Rodamco Westfield Chart |
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