Scentre Group · ASX:SCG
Scentre — Q1 2018 Earnings Presentation
7 slides from Scentre's earnings presentation, Apr 26, 2018
Slide 1: 1st Quarter 2018 Update
1st QUARTER 2018 UPDATE Westfield Plenty Valley
Slide 2: Operating Performance & Outlook
OPERATING PERFORMANCE & OUTLOOK 31 MARCH 2018 Portfolio Leased > 99.5% Lease Deals Completed Number 551 Lease Deals Completed Area 91,168 sqm Total Lettable Area > 3.6 million sqm, increase of 10,300 sqm Customer Visits Per Annum > 530 million OUTLOOK . The Group confirms its guidance for full year
Slide 3: Retailer In-Store Sales
RETAILER IN-STORE SALES COMPARABLE IN-STORE SALES GROWTH PSM1 3 MONTHS TO 12 MONTHS TO In-store sales across the portfolio: 31 MAR 2018 31 MAR 2018 Fashion 3.8% 1.4% ▪ Total specialty in-store sales were up 2.0% Footwear 1.1% 1.4% for the quarter and 1.4% for the year Jewellery 0.8% (0.2%) Leisure 1
Slide 4: Retailer In-Store Sales: Comparable Specialty Growth by Region
RETAILER IN-STORE SALES COMPARABLE SPECIALTY IN-STORE SALES GROWTH BY REGION1 58% 10% 19% 1% 5% 4% 3% of portfolio of portfolio of portfolio of portfolio of portfolio of portfolio of portfolio 5.0% 9.8% 3 months MAT 9.8% 3.0% 3.2% 2.8% 2.6% 2.3% 1.8% 1.9% 1.9% 2.0% 1.0% 1.4% 1.2% 1.1% 0.5% 0.3% (1.0
Slide 5: Creating Extraordinary Places
CREATING EXTRAORDINARY PLACES ACTIVE DEVELOPMENTS Key Highlights: TOTAL ▪ Commenced the NZ$790 million (SCG PROJECT SCG ANTICIPATED share: NZ$400m) redevelopment of COST SHARE COMPLETION $’M $’M Westfield Newmarket in 2018 Carousel 350 350 Q3 2018 ▪ Successfully opened the $80 million Coomera 470 23
Slide 6: Leasing & Retail Solutions
LEASING & RETAIL SOLUTIONS 31 MARCH 2018 Portfolio Leased > 99.5% Average Specialty Store Rent (psm) $1,625 Specialty Occupancy Cost 17.9% Lease Deals Completed Number 551 Lease Deals Completed Area (sqm) 91,168 2018 1st QUARTER UPDATE | 6
Slide 7: Important Notice
IMPORTANT NOTICE All amounts in Australian dollars unless otherwise specified. The financial information included in this document is based on the Scentre Group’s IFRS financial statements. Non IFRS financial information included in this document has not been audited or reviewed. This document conta