Scentre Group · ASX:SCG
Scentre — Q1 2019 Earnings Presentation
8 slides from Scentre's earnings presentation, Apr 18, 2019
Slide 1: 1st Quarter Operating Update
1ST QUARTER OPERATING UPDATE Westfield Woden, ACT – 18 April 2019 Bradley Street Dining Precinct Opening
Slide 2: Scentre Group Overview
SCENTRE GROUP OVERVIEW Extraordinary platform with 41 Living Centres – Region's leading platform for consumers, brands and experiences to connect and interact “Customer visitation – Integral infrastructure network with > 65% of the population within a 30 minute drive of a continued to grow during We
Slide 3: Operating Performance and Outlook
OPERATING PERFORMANCE 31 March 2019 Portfolio Leased 99.3% Lease Deals Completed Number 448 Lease Deals Completed Area (sqm) 71,084 Total Lettable Area > 3.8 million sqm Customer Visits Per Annum > 535 million OUTLOOK The Group reconfirms forecast FFO growth for the 12 months ending 31 December 2019
Slide 4: Retailer In-Store Sales
RETAILER IN-STORE SALES Total specialty in-store sales were up 1.5% for the quarter and 1.7% for the year1 On a sales per square metre basis:2 3 months to 12 months to 31 Mar 2019 31 Mar 2019 – Total stable portfolio in-store sales were up 1.1% for the quarter and 1.3% for the year Leisure 1.6% 2.4%
Slide 5: Retailer In-Store Sales by Region
RETAILER IN-STORE SALES Comparable specialty in-store sales growth psm by region 1 5 1. Total stable portfolio SCENTRE GROUP 1ST QUARTER UPDATE 2019 5
Slide 6: Development Activity
DEVELOPMENT ACTIVITY Total Project Cost SCGShare GLA Added Completion “We continue to enhance our $m $m sqm extraordinary platform with our 2019 Active Projects Westfield Newmarket Newmarket NZ 790 NZ 400 52,000 Q4 2019 redevelopment in Auckland on track Total 2019 Active Developments (AUD) 730 370
Slide 7: Developments: Westfield Newmarket, NZ
DEVELOPMENTS Active project WESTFIELD NEWMARKET, NZ Overview Project Cost NZ$790m (SCG share: NZ$400m) Commencement Q1 2018 Completion Q4 2019 Highlights Incremental Project GLA 52,000sqm Westfield Newmarket, NZ Completed Centre GLA 88,150sqm New Anchors David Jones, Farmers, Countdown, Event Cinema
Slide 8: 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