Brief: Kojamo Raises Guidance For FFO For 2023

Lumo Kodit Oyj

17/08/2023 06:15

Aug 17 (Reuters) - Kojamo Oyj  KOJAMO.HE :
    * ESTIMATES THAT IN 2023, GROUP'S TOTAL REVENUE WILL
INCREASE BY
7-9 PER CENT (PREVIOUSLY 7-10 PER CENT) YEAR-ON-YEAR
    * ESTIMATES THAT GROUP'S FFO FOR 2023 WILL AMOUNT TO BETWEEN
EUR
158-167 MILLION, EXCLUDING NON-RECURRING COSTS (PREVIOUSLY EUR
153-165 MILLION).
    * FINANCIAL AND INTEREST RATE MARKET SITUATION, UPWARD
PRESSURE ON
MAINTENANCE COSTS BROUGHT BY INFLATION IS CHALLENGING FOR REAL
ESTATE
    * WE SAW A CHANGE IN OUR OCCUPANCY RATE EARLIER THAN IN
PREVIOUS
YEARS, AND OCCUPANCY RATE HAS DEVELOPED POSITIVELY SINCE EARLY
SPRING

Source text for Eikon:  ID:nWkr1Qsv36 
Further company coverage:  KOJAMO.HE 

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