Outlook 2021

OUTLOOK FOR THE YEAR 2021 (SPECIFIED 5.8.2021)

Citycon forecasts the 2021 direct operating profit to be in range EUR 173–184 million, EPRA EPS EUR 0.676–0.726 and adjusted EPRA EPS EUR 0.558–0.608. Adjusted EPRA Earnings per share outlook includes also the coupons of the recently issued EUR 350 million hybrid.

 

 

 

 

Previously

Direct operating profit

MEUR

173–184

170-188

EPRA Earnings per share (basic)

EUR

0.676–0.726

0.651-0.757

Adjusted EPRA Earnings per share (basic)

EUR

0.558–0.608

0.558-0.658



The outlook assumes that there are no major changes in macroeconomic factors and that there will not be a second wave of COVID-19 with restrictions resulting in significant store closures. These estimates are based on the existing property portfolio as well as on the prevailing level of inflation, the EUR–SEK and EUR–NOK exchange rates, and current interest rates

Source: Interim Report Q2/2021

Updated

05.08.2021