Logotype for Citycon

Citycon (CTY1S) investor relations material

Citycon Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Citycon
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Like-for-like net rental income grew 5.2% year-over-year in H1 2025, with retail occupancy at 95% and average rent per sq.m. up 3% to €25.8.

  • Fair value net gain of €34.3M on investment properties, reflecting improved cash flows and lower cap rates, especially in Norway.

  • Proactive capital management led to €750M debt repaid in H1 2025, including a €450M green bond issuance, which was over six times oversubscribed.

  • Profit for the period was €52.3M, down from €95.1M in H1 2024, mainly due to lower fair value gains.

  • Modest but stable improvement in tenant sales and footfall, reflecting resilience in necessity-based retail centers.

Financial highlights

  • Net rental income for H1 2025 was €103.4M, down 2.2% year-over-year due to divestments, despite like-for-like growth.

  • EPRA earnings for H1 2025 were €36.9M, down 22.7% year-over-year; EPRA EPS was €0.20, down 24.3%.

  • IFRS operating profit was €125.5M, down from €155.3M year-over-year.

  • Net financial expenses increased to €56.1M, mainly due to higher interest costs.

  • EPRA NRV per share at €8.29, down 9.9% from Q2 2024.

Outlook and guidance

  • Full-year 2025 EPRA EPS guidance reaffirmed at €0.41–€0.50, or €0.60–€0.69 excluding hybrid bond interest.

  • Management expects to remain within guidance, though first-half results are closer to the lower end.

  • Outlook assumes stable macroeconomic conditions and no major disruptions from the war in Ukraine.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Citycon earnings date

Logotype for Citycon
Q3 202531 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Citycon earnings date

Logotype for Citycon
Q3 202531 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Citycon is a commercial property investment company, which engages in the development and management of mixed-used properties. It operates through the following segments: Finland, Sweden, Norway, Estonia and Benchmark. The Finland segment constitutes of shopping centers located in Finland. The Sweden segment comprises of shopping centers located in Sweden. The Norway segment includes shopping centers located in Norway. The Estonia segment consists of properties located in Estonia. The Benchmark segment consists of other properties located in Finland, Sweden, and Norway.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage