Corio NV : Corio's first nine months 2014 business update
(Thomson Reuters ONE) -
HIGHLIGHTS
- Footfall increased by 1.1% and tenant sales were stable, both on a like-for-
like basis
- Re-letting and renewals improved from 2.5% negative for H1 2014 to 1.5%
positive for 9M 2014
- Outlook confirmed with expected direct result between ? 227 m and ? 233 m or
between ? 2.28 and ? 2.34 on a per share basis for 2014
- Markthal in Rotterdam opened and welcomed 1 million visitors in the first
three weeks (transfer to Corio expected in December 2014)
Gerard Groener (CEO): 'Last week's publication of the offer and merger
documentation regarding the contemplated merger of Corio into Klépierre has been
a significant milestone in a process that is running according to plan. The
documentation is in line with the intentions and agreed conditions of both
Klépierre and Corio as announced on 29 July 2014. The timely publication of all
documentation is a clear indication of the good spirit in which the process is
managed. We firmly believe that all of our stakeholders will benefit from the
envisaged transaction.
Against the backdrop of this, Corio has shown a performance in line with the
trend it showed in the first half of the year. We expect to end the full year in
line with our expectations.'
CONFERENCE CALL 9M 2014 UPDATE
Gerard Groener (CEO) and Ben van der Klift (CFO) are available for questions on
Thursday 6 November 2014 at 10.00 CET. You can listen to the call and ask
questions by dialing +31 (0)20 7965 008 (the Netherlands) or +44 (0)20
7162 0077 (UK), Conference ID: 949031 or listen to the call via:
http://corio.dutchview.nl/corio20141106/. More details about the audiocast and
call (more toll free numbers) can be found on Corio's website: www.corio-eu.com.
Press release:
http://hugin.info/134201/R/1869000/656981.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Corio NV via GlobeNewswire
[HUG#1869000]
Unternehmensinformation / Kurzprofil:
Datum: 05.11.2014 - 17:45 Uhr
Sprache: Deutsch
News-ID 350036
Anzahl Zeichen: 2545
contact information:
Town:
Utrecht
Kategorie:
Business News
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