Erosion of Gross Asset Value was 1.1% in H2 19 (at constant perimeter) and 2% over FY 19. Don’t wait for a strong share price rebound but annual dividend yield looks safe (c.7%) as the retailer’s sales stand in positive territory (+1.8% for FY 19).
06 Feb 2020
Contained erosion of Gross Asset Value in H2 19
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Contained erosion of Gross Asset Value in H2 19
Klepierre SA (LI:PAR) | 0 0 1.8% | Mkt Cap: 10,628m
- Published:
06 Feb 2020 -
Author:
Christian Auzanneau -
Pages:
3
Erosion of Gross Asset Value was 1.1% in H2 19 (at constant perimeter) and 2% over FY 19. Don’t wait for a strong share price rebound but annual dividend yield looks safe (c.7%) as the retailer’s sales stand in positive territory (+1.8% for FY 19).