Wereldhave Half-year results 2024
- Dutch retail sales +4%, well above inflation
- Footfall +5%, significantly outperforming the market
- Positive valuation result core portfolio of +3%, driven by Full Service Centers
- Fitch credit rating BBB, immediate recurring savings effect on interest costs
- Debt profile further strengthened through € 119m USPP raise
- First steps taken for disposals and/or joint ventures of several Dutch assets
- Direct result impacted by bankruptcies and higher financial expenses, normalization in H2
- Forecast FY 2024 DRPS € 1.75 reiterated
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