Mercialys just published its FY15 preliminary results. Organic invoiced rents gained 3.4% exceeding the 2% forecast while rental revenues gained 10.6% to €169m. Retailer conditions were strong over the year, with both sales (+4.8%) and footfall (+1.9%) on the rise, despite a slight negative impact from November 13. The overall macro environment remains weak and indexation absent.
18 Jan 2016
FY15 preliminary results: improving conditions
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FY15 preliminary results: improving conditions
Mercialys SA (MERY:PAR) | 0 0 1.4% | Mkt Cap: 1,522m
- Published:
18 Jan 2016 -
Author:
Alda Kule Dale -
Pages:
2
Mercialys just published its FY15 preliminary results. Organic invoiced rents gained 3.4% exceeding the 2% forecast while rental revenues gained 10.6% to €169m. Retailer conditions were strong over the year, with both sales (+4.8%) and footfall (+1.9%) on the rise, despite a slight negative impact from November 13. The overall macro environment remains weak and indexation absent.