Citycon H1/2024: Strong operational performance combined with continued actions to improve credit profile
CITYCON OYJ Half-Year Financial Report 17 July 2024 at 19:15 hrsStrong operational performance in Q1-Q2/2024 · Total net rental income increased by 9.3% compared to the previous year. · In comparable FX rates, total net rental income increased by 9.9%. · Like-for-like net rental income increased by 5.9%. · The weakening NOK and SEK FX-rates impacted on our results; the impact on total net rental income was EUR -0.6 million. · Average rent per sq.m. increased by 4.8% with comparable FX to EUR 25.0 per sq.m (vs. Q2/2023). · Retail occupancy 95.2% vs. 94.5% in Q2/