Brief: Unibail-Rodamco-Westfield H1 EBITDA EUR 1.195 Bln, Up 5.8%

Unibail-Rodamco-Westfield SE

25/07/2024 07:19

July 25 (Reuters) - Unibail-Rodamco-Westfield SE
 URW.PA :
    * UNIBAIL-RODAMCO-WESTFIELD REPORTS H1-2024 EARNINGS
    * 2024 AREPS AND DISTRIBUTION GUIDANCE RECONFIRMED
    * H1 EBITDA OF EUR 1,195 MN, UP +5.8% ON A LIKE-FOR-LIKE
BASIS
COMPARED TO LAST YEAR
    * H1 NET DEBT TO EBITDA AT 9.3X, STABLE COMPARED TO FY-2023
    * COMPANY ON TRACK TO MEET 2024 NET MARGIN TARGET THANKS TO
IN-MALL NETWORK THAT NOW TOTALS ALMOST 1,800 SCREENS IN EUROPE
    * H1 RECURRING NET RESULT OF +€763.7 MN AND IFRS NET RESULT
OF
+€71.7 MN

Source text for Workspace:  urn:newsml:reuters.com:*:nGNE8YVTw4
Further company coverage:  URW.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))