Brief: Mercialys Confirms 2023 Guidance

Mercialys SA

26/07/2023 16:59

July 26 (Reuters) - Mercialys SA  MERY.PA :
    * MERCIALYS: 2023 FIRST-HALF RESULTS
    * OUTLOOK 2023: CONFIRMED
    * RETAILER SALES FOR FIRST HALF OF YEAR CAME TO +3.5%
COMPARED
WITH FIRST HALF OF 2022
    * H1 LTV RATIO CAME TO 36.1%
    * OCCUPANCY COST RATIO REMAINED AT A VERY SUSTAINABLE LEVEL
OF
10.9% AT END-JUNE 2023
    * TOTAL FOOTFALL ACROSS MERCIALYS' SITES FOR FIRST HALF OF
2023 IS
DOWN -2.0% VERSUS SAME PERIOD IN 2022
    * H1: FOOTFALL IN MERCIALYS' SHOPPING CENTERS RECORDED
GROWTH OF
+2.3%, AND PERFORMANCE BY HYPERMARKETS ANCHORING THESE SITES,
WHERE FOOTFALL CONTRACTED SHARPLY BY -8.9%
    * H1 CONSOLIDATED NET INCOME EUR 18.3 MILLION VERSUS EUR
17.2
MILLION YEAR AGO

Source text for Eikon:  ID:nBw4Yh97da 
Further company coverage:  MERY.PA 

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