Half-year Results 2015

Wereldhave reaps the benefits of its focus on mid-sized shopping centres: sees strong profit rise in H1 2015 and raises 2015-2016 target.


Schiphol, the Netherlands, 2015-07-24 07:46 CEST (GLOBE NEWSWIRE) --

  • Net profit H1 2015 € 90.5m versus € 10.3m in H1 2014
  • Direct result H1 2015 € 62.6m versus € 42.6m in H1 2014
  • Indirect result H1 2015 € 27.9m versus € -32.3m in H1 2014
  • Occupancy retail portfolio improved to 94.3% vs 93.9% at year-end 2014
  • Like-for-like rental growth retail portfolio 2.0%, 150bps above indexation
  • French retail organisation in place per June 1, 2015
  • Target for 2015-2016 raised to an anticipated compounded average growth of direct
  • result per share between 7% and 10% (previously 6 – 9 %)

         Information for the press:
         Richard W. Beentjes
         E richard.beentjes@wereldhave.com
         T + 31 20 702 78 32
         
         Information for analysts:
         Jaap-Jan Fit
         E jaapjan.fit@wereldhave.com
         T + 31 20 702 78 43


Attachments

H1 2015 final 1742.pdf