Brief: Vicinity Centres Declares Interim Distribution Of 5.75 AU Cents Per Stapled Security

Vicinity Centres

14/02/2023 21:59

Feb 15 (Reuters) - Vicinity Centres  VCX.AX :
    * DECLARES INTERIM DISTRIBUTION OF 5.75 AU CENTS PER STAPLED
SECURITY
    * HY NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX
ATTRIBUTABLE
A$176.3 MILLION VERSUS A$650.2 MILLION
    * HY REVENUE FROM ORDINARY ACTIVITIES A$636.5 MILLION VERSUS
A$581.5 MILLION
    * HY FUNDS FROM OPERATIONS OF A$357.1 MILLION
    * FY23 EARNINGS GUIDANCE HAS BEEN REVISED
    * EXPECTS THE RATE OF RETAIL SALES GROWTH TO MODERATE IN 2H
FY23
    * FFO PER SECURITY AND AFFO PER SECURITY NOW EXPECTED TO BE
IN
RANGE OF 14.0 TO 14.6 AU CENTS AND 11.8 TO 12.4 AU CENTS FOR
FY23
    * EXPECTS FULL YEAR DISTRIBUTION PAYOUT TO BE TOWARDS LOWER
END OF
TARGET RANGE OF 95-100% OF AFFO

Source text for Eikon:  ID:nASX44bV3v 
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