VCX 0.47% $2.13 vicinity centres

News: VCX Vicinity Centres Re FY Net Profit Attributable $1,218.7 Mln

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    Aug 15 (Reuters) - Vicinity Centres Re Ltd (VCX) :

    • FY REVENUE FROM ORDINARY ACTIVITIES $ 1,329.7 MILLION VERSUS $1,302.1 MILLION
    • FY NET PROFIT FROM ORDINARY ACTIVITIES AFTER TAX ATTRIBUTABLE $1,218.7 MILLION VERSUS $1,583.6 MILLION A YEAR AGO
    • ANNOUNCES FINAL DISTRIBUTION OF 8.20 CPS
    • VICINITY'S FFO GUIDANCE FOR FY19 IS 18.0 TO 18.2 CENTS PER SECURITY
    • DISTRIBUTION PAYOUT RATIO FOR FY19 IS EXPECTED TO BE AT THE UPPER END OF OUR TARGETED RANGE OF 95 PCT TO 100 PCT OF AFFO
    • MAINTENANCE CAPITAL EXPENDITURE AND INCENTIVES IN TOTAL FOR FY19 ARE FORECAST BETWEEN $80 MILLION AND $90 MILLION
 
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