OUTLOOK FOR THE YEAR 2022 (10 November 2022)

 

OUTLOOK FOR THE YEAR 2022

Citycon reaffirms its prior full-year guidance at the levels noted in the table below:

 

 

 

Current outlook (10 November 2022)

Previous (10 August 2022)

Midpoint change vs previous

Initial (17 February 2022)

Midpoint change vs. initial

Direct operating profit

MEUR

170–180

170–180

0

164–180

+3

EPRA Earnings per share (basic)

EUR

0.68–0.72

0.68–0.72

0

0.62–0.72

+0.03

Adjusted EPRA Earnings per share (basic)

EUR

0.50–0.58

0.50–0.58

0

0.48–0.58

+0.01



The outlook assumes that there are no major changes in macroeconomic factors and that there will not be another wave of COVID-19 with restrictions resulting in significant store closures and no major disruptions from the war in Ukraine.  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 Q3/2022