Unibail-Rodamco-Westfield SE Reports Strong Q3 2024 Results

Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh (AU:URW) has released an update.

Unibail-Rodamco-Westfield SE has reported a strong performance for the first nine months of 2024, with tenant sales increasing by 4.3% and convention and exhibition turnover surging by 48.3%, bolstered by the Paris 2024 Games. The company has also made significant progress in its deleveraging efforts, completing €0.8 billion in disposal transactions this year, and has issued a €1.3 billion green bond, ensuring ample liquidity. With these achievements, the company expects its annual earnings per share to hit the upper end of its guidance.

For further insights into AU:URW stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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