8 November 2023 12:34

Presentation of the results as at 30 September 2023

  • Retailers’ sales at Italian malls +6.2%, footfalls +5.4% vs 9M 2022 and occupancy at 95.3%; occupancy in Romania at 97.1%
  • Rent collection 9M2023: in Italy > 94%; in Romania c. 96%; rent collection for FY 2022 at nearly 100%
  • Net rental income higher: €88.4 million, +5.7% vs 9M 2022 (+8.1% like-for-like)
  • Core business Ebitda up: €81.0 million, +6.7% vs 9M 2022 (Ebitda margin 72.9%)
  • FFO: €44.4 million, -11.9% vs 9M 2022, impacted by the higher cost of debt