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First-half Earnings

Klépierre, the pan-European leader in shopping malls, today reported earnings for the first six Months of 2018, revealing very strong operational and financial performance.

Read the press release and the presentation

Jean-Marc Jestin, Chairman of the Klépierre Executive Board, commented, “In the first half, Klépierre’s teams continued to demonstrate their ability to outperform the market in a polarizing retail environment. This strong performance — as illustrated by our 7.8% increase in net current cash flow per share, exceeding our initial forecast — is the result of our strategy to constantly implement the best of retail in our malls, to create preferred destinations for our retailers and customers, and to enhance the quality of our shopping mall portfolio through refurbishment and extension projects. Thanks to the exceptional level of our leasing deal flow and operating indicators, supported by our continued financial discipline, we are raising our full-year guidance for 2018 and are confident in our ability to sustain growth in the years to come.”

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