Company News Summary | 24 Aug 2021

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Scentre Group Reports Half Year Results

08:57:00 | Associate analysts

Original annuncemenet:Half Year Results Announcement and Slide Presentation

Scentre Group released its results for the six months to 30 June 2021 with Operating Profit of $460.1m (8.88 cps) and Funds From Operations (FFO) of $463.4m (8.94 cps). The distribution for the six-month period will be $362.9m (7.00 cps) and will be paid to Securityholders on 31 August 2021. During the six-month period, the Group achieved gross cash inflow of $1,383.9m and a net operating cash surplus (after interest, overheads and tax) of $487.7m. The Statutory Profit for the six-month period was $400.4m.

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