Citycon Oyj’s Interim Report for 1 January – 31 March 2020: Stable operational results
CITYCON OYJ Interim Report 23 April 2020 at 09:00 hrs- Our strategy to focus on urban, grocery-anchored shopping centres gives stability- Like-for-like net rental income increased- Impact of COVID-19 was mostly limited to the latter part of March in Q1/2020- Footfall and tenant sales remained close to prior year level- Weaker NOK and SEK exchange rates affected the results JANUARY—MARCH 2020 - Net rental income was EUR 52.4 million (Q1/2019: 53.6). The acquisition in Norway closed in February 2020 increased net rental income by EUR 1.7 million. This was offset by impact