2019 Half-year results

Carmila confirms its recurring earnings target growth for 2019, and reaffirms confidence in cash flow sustainability.

Based on the first semester 2019 results, Carmila confirms its target growth of recurring earnings per share, expected between +5% and +6.5% for 2019.

Carmila maintains confidence in the sustainability and visibility of its medium-term cash flows.

“Our ability to grow our cash flows thanks to a strong letting momentum, a local digital marketing strategy aiming at boosting retailer revenues, our value-creating asset management and project development, will support the sustainability of our dividends at a level at least equal to that of 2018”,

Alexandre de Palmas, the new Chairman and CEO of Carmila declared.