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Wereldhave Half-year results 2024

July 23, 2024 1:00 AM EDT
  • Dutch retail sales +4%, well above inflation
  • Footfall +5%, significantly outperforming the market
  • Positive valuation result core portfolio of +3%, driven by Full Service Centers
  • Fitch credit rating BBB, immediate recurring savings effect on interest costs
  • Debt profile further strengthened through € 119m USPP raise
  • First steps taken for disposals and/or joint ventures of several Dutch assets
  • Direct result impacted by bankruptcies and higher financial expenses, normalization in H2
  • Forecast FY 2024 DRPS € 1.75 reiterated

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