Earnings release
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CARMILA • • • • • • . • • • • • • PRESS RELEASE Boulogne - Billancourt , 21 October 2021 FINANCIAL INFORMATION AS OF 30 SEPTEMBER 2021 Dynamic leasing activity maintained ( 763 leases signed , up + 34 % on the first nine months of 2019 and up + 105 % on the first nine months of 2020 ) Rent collection returning to normal for third - quarter 2021 rents ( collection rate 90.1 % ) Positive reversion in the first nine months of 2021 on new leases ( + 3.1 % above rental appraisal values ) and renewals ( + 3.7 % above ) Net rental income down -9.1 % on the first nine months of 2020 and stable ( down just -0.2 % ) like - for - like excluding the temporary effects of the health crisis Financial occupancy rate unchanged versus second - quarter 2021 at 95.7 % A stable rental base ( down just -0.4 % like - for - like since end - September 2020 ) Robust retailer sales in the third - quarter ( higher than in third - quarter 2020 in all three countries , and almost in line with third - quarter 2019 in France and Italy ) Carmila recognised for the quality of its sustainability reporting and CSR strategy ( EPRA SBPR Gold and GRESB Development awards ) New € 810 million sustainability - linked revolving credit facility signed S & P confirms Carmila's BBB credit rating and revises its outlook from negative to stable Launch of a share buyback programme in the third - quarter of 2021 Carmila expects recurring earnings per share to be stable in 2021 versus 2020 ( an increase of more than + 10 % excluding the IFRS 16 impact ) Save the date : Carmila Capital Markets Day on 7 December 2021 Marie Cheval , Chair and Chief Executive Officer of Carmila commented : " Carmila has benefited this quarter from a gradual return to normal performance following the upturn in trading among its retailers , after a first half disrupted by the health situation . The strength of Carmila's model is clearly illustrated by the exceptional level of leasing activity in the quarter , as well as a financial performance that remains solid , with full - year recurring earnings per share expected to be in line with 2020. The Capital Markets Day to be held in December will be an opportunity to present Carmila's strategic and financial plan . " Visit our website at https://www.carmila.com/en/ in 1