Brief: Unibail-Rodamco-Westfield Outlook 2025: AREPS Forecasted To Be In Range Of EUR 9.30 To EUR 9.50

Unibail-Rodamco-Westfield SE

13/02/2025 06:38

Feb 13 (Reuters) - Unibail-Rodamco-Westfield   URW.PA :
    * UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2024 EARNINGS
    * 2024 TENANT SALES UP +4.5% AND FOOTFALL UP +2.6% VERSUS.
2023
    * OUTLOOK 2025:  AREPS FORECASTED TO BE IN RANGE OF EUR 9.30
TO
EUR 9.50
    * 2024 SHOPPING CENTRE NET RENTAL INCOME (NRI) AT EUR 2,073
MN, UP
+5.8%3 ON A LIKE-FOR-LIKE BASIS
    * 2024 EBITDA OF EUR 2,352 MN, UP +7.0% VERSUS. 2023 ON A
LIKE-FOR-LIKE BASIS
    * 2024 NET DEBT TO EBITDA AT 8.7X VERSUS. 9.3X IN 2023
    * 2024 RECURRING NET RESULT5 OF +EUR 1,472 MN AND IFRS NET
RESULT6
OF +EUR 146 MN
    * +40% INCREASE OF PROPOSED2 DISTRIBUTION TO EUR 3.50/SHARE
    * 2024: EUR 1.6 BN OF DISPOSAL TRANSACTIONS1 ACHIEVED AT
BOOK
VALUEIMPROVING GROUP'S FINANCIAL RATIOS
    * 2024 ADJUSTED RECURRING EPS ABOVE GUIDANCE AT EUR 9.85

Source text:  ID:nGNE76nYCh 
Further company coverage:  URW.PA 

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