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• Net revenue totaled R$86.5 million in 4Q15, in line with 4Q14. In 2015 our consolidated net revenue reached R$331.2 million, growing 3.9% over the previous year. 
• NOI reached R$83.7 million in 4Q15, a 0.4% increase compared to 4Q14. In 2015, the Company’s NOI totaled R$315.3 million, a 3.8% increase over 2014.
• Adjusted EBITDA was R$60.2 million in 4Q15, a decrease over 4Q14. In 2015, Adjusted EBITDA increased by 2.6% in comparison with 2014, totaling R$232.6 million.
• Adjusted FFO totaled R$33.3 million in 4Q15 and R$142.6 million in the full-year of 2015.
• Occupancy in our mature portfolio closed 2015 at 96.8%.
• Considering 2015 full-year figures, same-store rents posted an increase of 7.0%. SSR continued to increase in 4Q15, at 5.8% compared to 4Q14, led by the combination of high leasing spreads in our mature malls and the ramp-up of our younger shopping centers. 
• Late Payments index remained low at 3.67% in 4Q15.
• Same-store sales (SSS) decreased by 2.2% in 4Q15 compared to 4Q14, reflecting the adverse Brazilian economic scenario. Excluding electronics, SSS in the quarter declined by 0.8%. In the annual comparison, SSS closed 2015 up 0.4% from the previous year.
• Total sales at the Company’s malls in 4Q15 totaled R$ 1.5 billion, decreasing 2.1% over 4Q14. The weak retail environment and unstable political scenario continued to pressure families’ consumption, and, thus, tenants’ sales in our malls. In 2015, our tenant’s reported a 2.8% sales increase over 2014.
• On January 13th, the Company announced an agreement for the sale of our entire ownership on Boavista Shopping.
• The Company’s Board of Directors will propose the payment of dividends related to the 2015 fiscal year, totaling R$34.8 million or R$0.455 per share.