Scentre Group · ASX:SCG
Scentre — Q3 2017 Earnings Presentation
7 slides from Scentre's earnings presentation, 2017
Slide 1: 3rd Quarter 2017 Update
3rd QUARTER 2017 UPDATE Westfield Whitford City
Slide 2: Operating Performance and Outlook
OPERATING PERFORMANCE AND OUTLOOK 30 SEPTEMBER 2017 $23.0bn Total Sales (MAT) Portfolio Leased > 99.5% Up 1.7% Specialty Store Sales Growth (psm) (MAT) 0.9% Average Specialty Store Rent (psm) $1,622 Average Specialty Store Sales (psm) $11,192 Lease Deals Completed 2,010 3.6m Gross Lettable Area (sqm
Slide 3: Retail Sales
RETAIL SALES COMPARABLE SALES GROWTH PSM % 9 MONTHS TO 12 MONTHS TO 30 SEP 2017 30 SEP 2017 Majors1 (1.1%) (1.0%) Mini Majors (≥ 400 sqm)1 2.4% 2.3% Specialties (< 400 sqm)1 0.6% 0.9% Stable Portfolio 0.6% 0.7% Total Portfolio $MAT 1.6% 1.7% 1. Stable portfolio 2017 Q3 UPDATE | 3
Slide 4: Retail Sales: Specialty by Region
RETAIL SALES COMPARABLE SPECIALTY SALES GROWTH PSM BY REGION1 6.0% 56% 10% 19% 1% 4% 5% 5% of portfolio of portfolio of portfolio of portfolio of portfolio of portfolio of portfolio 4.0% 2.0% 2.5% 2.4% 2.2% 2.2% 0.4% 0.9% 0.1% 0.6% 0.0% (0.5%) (0.8%) (0.2%) (0.2%) (0.2%) (0.5%) (1.8%) (2.0%) (2.2%)
Slide 5: Retail Sales by Category
RETAIL SALES COMPARABLE SALES GROWTH PSM BY CATEGORY1 9 MONTHS TO 12 MONTHS TO 30 SEP 2017 30 SEP 2017 Supermarkets 0.9% 0.7% Department Stores (6.7%) (4.4%) Discount Department Stores (0.6%) (2.2%) Cinemas (8.2%) (8.7%) Fashion (0.2%) 0.2% Footwear 0.7% 0.3% Jewellery 0.5% 1.9% Leisure (2.6%) (1.8%
Slide 6: Growing the Business
GROWING THE BUSINESS ACTIVE DEVELOPMENTS TOTAL Key Highlights: PROJECT SCG ANTICIPATED COST SHARE COMPLETION $’M $’M Commenced the $160m redevelopment at Westfield Kotara and the $50m 2017 COMMENCEMENTS redevelopment at Tea Tree Plaza Carousel 350 350 Q3 2018 Opened the $80 million (SCG share: C
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