Westfield Group (ASX:WDC) has reported funds from operations for the half year just below estimates.
Funds from operations came in at just under $733 million, missing analyst’s expectations of $740 million.
Westfield says it’s committed to investing in shopping centres around the world that will be resilient despite the economic cycle. The group recently announced expansion at New York’s World Trade Centre site, in Milan and Brazil.
Westfield kept its outlook for the full year unchanged. The group maintained its full-year funds from operations forecast in the range of 64 cents to 65 cents per security.
WDC Price at posting:
$8.14 Sentiment: None Disclosure: Held
