(CercleFinance.com) – The group recorded a turnover of 734.4 ME in the 1st half of 2023. The turnover of traders recorded an increase of 8.0% in the first half of 2023 compared to the first half of 2022 at constant scope.
In total share and duties included, the value of Klépierre’s shopping center portfolio amounted to €19,200 million as of June 30, 2023, down 1.4% on a like-for-like basis over six months.
Net rental income amounted to €484.1 million in the first half of 2023, and experienced historic growth of 7.3% over one year on a like-for-like basis.
In the first half of 2023, net current cash flow increased by 7.4% compared to the first half of 2022 to stand at €1.21 per share.
Klépierre raises its objective for the full year and now anticipates a net current cash flow of at least E2.40 per share in 2023, an increase of 7% compared to the net current cash flow of 2 .24 E in 2022.
The main assumptions of this objective are retailer turnover at a level at least equal to that of 2022, a stable occupancy rate and stable collection rates.
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