Citycon Oyj weakens its prospects and withdraws its financial guidance due to uncertain market situation
CITYCON OYJ Inside information 26 March 2020 at 09:50 hrsCitycon Oyj assesses that its prospects for 2020 have weakened and withdraws its guidance for 2020 issued on 6 February 2020. At this point, the company does not specify its direct operating profit, EPRA EPS or adjusted EPRA EPS forecast for this year in more detail due to the uncertain market situation. “Following the outbreak of the COVID-19 epidemic, the authority restrictions confirmed in our operating countries has substantially changed our business environment and the prospects for 2020 now look weaker than originally