Thu, February 13, 2025
[ Thu, Feb 13th 2025 ]: Forbes
Can You Comfortably Retire Without Private Prison Investing?
[ Thu, Feb 13th 2025 ]: MSN
3 High-Yield Dividend Stocks I Can't Wait to Buy to Boost My Passive Income
[ Thu, Feb 13th 2025 ]: MSN
Klepierre stock rises on strong FY24 results and upbeat FY25 guidance
[ Thu, Feb 13th 2025 ]: MSN
Roughly 62% of U.S. Adults Hold Stocks. Those Who Don't Could Be Missing Out on Millions.
[ Thu, Feb 13th 2025 ]: MSN
Warren Buffett's value investing strategy: How to build long-term wealth
[ Thu, Feb 13th 2025 ]: WOPRAI
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[ Thu, Feb 13th 2025 ]: WOPRAI
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[ Thu, Feb 13th 2025 ]: WOPRAI
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[ Thu, Feb 13th 2025 ]: WOPRAI
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[ Thu, Feb 13th 2025 ]: WOPRAI
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[ Thu, Feb 13th 2025 ]: WOPRAI
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Klepierre stock rises on strong FY24 results and upbeat FY25 guidance

Shares of Klepierre (EPA:LOIM) (EPA:LI) climbed 2% today as the company reported robust financial results for the fiscal year 2024, surpassing its own net current cash flow (NCCF) per share guidance and beating both analysts' estimates and Bloomberg consensus.
Klepierre, a leading European real estate investment trust specializing in shopping centers, saw its stock price rise following the announcement of its FY24 results and optimistic guidance for FY25. The company reported a robust performance with a 4.5% increase in net rental income, driven by strong like-for-like growth and contributions from new acquisitions. Additionally, Klepierre's occupancy rates improved, reaching 95.7%, and tenant sales grew by 6.1%. The firm also highlighted its strategic focus on sustainability, with significant progress in reducing its carbon footprint. Looking forward, Klepierre provided an upbeat FY25 guidance, expecting further growth in net rental income and continued operational improvements, which has instilled confidence among investors, reflected in the positive stock movement.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/klepierre-stock-rises-on-strong-fy24-results-and-upbeat-fy25-guidance/ar-AA1yYohN ]