Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh (AU:URW) has released an update.
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Unibail-Rodamco-Westfield SE reports a strong H1-2024 performance with notable increases in tenant sales, footfall, and record Convention & Exhibition (C&E) results, buoyed by the upcoming 2024 Olympics in Paris. Retail media revenues soared by 24.7%, and the company is on track to achieve its €75 million European net margin target for 2024. Despite a challenging market, Unibail-Rodamco-Westfield SE has completed or secured €0.3 billion in disposals and reaffirmed its earnings and distribution guidance for the year.
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