Klépierre: net current cash flow per share expected between 2.45 and 2.50 euros


(AOF) – Klépierre posts growth of 8.8% in its net rental income on a like-for-like basis in 2023 to 1 billion euros, while merchant turnover increased by 6% year-on-year. Net current cash flow increased by 10.7% to 2.48 euros per share, 5.5% higher than the initial objective. The real estate specialist in shopping centers announces an increase in the cash distribution to shareholders to 1.80 euros per share.

For 2024, it expects a 4% increase in its gross operating surplus (EBE) and a net current cash flow per share of between 2.45 and 2.50 euros.

The chairman of the management board, Jean-Marc Gestin, welcomes “increasing performance at all levels of cash flow” and a balance sheet “among the best in the sector”.

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