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Citycon Oyj (CTY1S.HE)

CTY1S.HE on Helsinki Stock Exchange

2.15EUR
2 Dec 2016
Change (% chg)

€0.00 (+0.09%)
Prev Close
€2.15
Open
€2.15
Day's High
€2.16
Day's Low
€2.14
Volume
506,898
Avg. Vol
553,849
52-wk High
€2.46
52-wk Low
€1.98

Latest Key Developments (Source: Significant Developments)

Citycon successfully places EUR 350 million bond
Wednesday, 31 Aug 2016 03:11am EDT 

Citycon Oyj : Said on Tuesday had successfully placed Eurobond of 350 million euros ($389.73 million) . Said 10-year guaranteed bond matures on Sept. 8, 2026 and carries fixed annual interest at rate of 1.25 pct, payable annually on Sept. 8 .CFO Eero Sihvonen said "We are pleased with success of this placement that was more than 6 times oversubscribed".  Full Article

Citycon successfully places EUR 350 million bond
Tuesday, 30 Aug 2016 10:00am EDT 

Citycon Oyj : Said on Tuesday had successfully placed Eurobond of 350 million euros ($389.73 million) . Said 10-year guaranteed bond matures on Sept. 8, 2026 and carries fixed annual interest at rate of 1.25 pct, payable annually on Sept. 8 .CFO Eero Sihvonen said "We are pleased with success of this placement that was more than 6 times oversubscribed".  Full Article

Citycon intends to issue eurobond
Tuesday, 30 Aug 2016 03:15am EDT 

Citycon Oyj : Intends to issue euro denominated guaranteed bond in amount of up to 350 million euros ($390.85 million) . Expected maturity of bond would be 10 years . Bond would be offered mainly to European, including Nordic, institutional investors through book building procedure .Net proceeds from any potential bond issue would mainly be used to partially repay and/or refinance citycon group's existing indebtedness.  Full Article

NCC sells share of Finnish project company to Citycon for 750 mln SEK
Wednesday, 10 Aug 2016 05:30am EDT 

NCC AB : NCC sells share of finnish project company to Citycon . Says purchase price for NCC's portion of jointly owned project company is approximately SEK 750 m. .Says sale will have a positive impact on earnings in ncc property development business area in Q3 of 2016.  Full Article

Citycon: Chairman buys 24,775 units at EUR 2.2 per unit
Tuesday, 9 Aug 2016 07:30am EDT 

Citycon Oyj :Chairman Chaim Katzman bought 24,775 units at 2.2 euros per unit in Citycon Oyj.  Full Article

Citycon Q2 EPRA earnings rise; 2016 outlook specified
Thursday, 14 Jul 2016 02:00am EDT 

Citycon Oyj : Q2 net rental income 57.0 million euros ($63.32 million) versus 42.6 million euros year ago . Q2 EPRA earnings increased by 8.4 million euros or 27.9 pct, to 38.7 million euros . Specifies 2016 earnings guidance . Forecasts 2016 direct operating profit to change by 17 million to 26 million euros (previously 16 million - 30 million euros) from previous year . Sees 2016 EPRA earnings to change by 11 million to 20 million euros (previously 9 million - 23 million euros) from previous year . Sees EPRA EPS (basic) to be 0.1575-0.1725 euros (previously 0.155-0.175 euros) . Says specified outlook acknowledges impact of non-core portfolio divestment in Finland, weaker Norwegian crown and impact of metro delay in Iso Omena .Believes there have been no material changes to key risk areas outlined in annual and sustainability report 2015.  Full Article

Citycon Oyj sells non-core portfolio in Finland, adjusts FY 2016 direct operating profit outlook
Friday, 29 Apr 2016 05:15am EDT 

Citycon Oyj:Divests non-core portfolio in Finland for 74 million euros.Makes adjustment to FY 2016 outlook for direct operating profit.Sees FY 2016 direct operating profit to change by 16 million - 30 million euros from previous year.Earlier expected direct operating profit will in FY 2016 increase by 20 million - 34 million euros compared to previous year.EPRA earnings and EPRA earnings per share (basic) FY 2016 guidance remains unchanged.  Full Article

Citycon maintains FY 2016 guidance
Thursday, 28 Apr 2016 02:00am EDT 

Citycon Oyj:Says FY 2016 outlook for company has remained unchanged.Forecasts FY 2016 direct operating profit to change by 20 million to 34 million euros and EPRA earnings to change by 9 million to 23 million crowns from previous year.  Full Article

Citycon to sell magistral shopping centre in Tallinn, Estonia​
Monday, 15 Feb 2016 08:22am EST 

Citycon Oyj:‍Has signed agreement to sell magistral shopping centre in Tallinn, Estonia.‍Purchase price is 24 million euros ($26.83 million)​​.‍Transaction is estimated to close by March 2016.  Full Article

Citycon Oyj proposes a dividend for FY 2015, provides outlook for FY 2016
Thursday, 11 Feb 2016 02:02am EST 

Citycon Oyj:Forecasts 2016 EPRA EPS (basic) to be 0.155 euro - 0.175 euro​.Expects Direct Operating profit to change by 20 million - 34 million euros.Sees 2016 ‍EPRA earnings to change by 9 million to 23 million euros from previous year​.Proposes to annual general meeting a dividend of 0.01 euro per share for financial year 2015​.  Full Article

BRIEF-Citycon Q3 net rental income down at EUR 56.8 million

* Q3 net rental income 56.8 million euros ($62.3 million)versus 59.7 million euros year ago