Klepierre (XPAR:LI)
€ 28.84 -0.22 (-0.75%) Market Cap: 8.34 Bil Enterprise Value: 15.99 Bil PE Ratio: 12.45 PB Ratio: 1.04 GF Score: 61/100
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Full Year 2021 Klepierre SA Earnings Call Transcript

Feb 17, 2022 / 08:00AM GMT
Release Date Price: €26.37 (+5.69%)
Operator

Hello, and welcome to the Klépierre 2021 Full Year Earnings Presentation. My name is Josh, and I will be your coordinator for today's event. Please note that this conference is being recorded. (Operator Instructions) I will now hand you over to your host, Jean-March Jestin, CEO; and Jean-Michel Gault, CFO, to begin today's conference. Thank you.

Jean;March Jestin;pierre SA;Chairman of the Executive Board
KlÃ

©-

Good morning, everyone, and thank you for joining us this morning. We had a very busy and productive Q4, which ended a very successful year. 2021 has been challenging with most European governments implementing multiple trading restrictions to contain the outbreak of COVID-19. Our retailer stores have been closed for 2.5 months on average.

I am proud of our resilience and the rebound we already noticed, notably supported by our unique operational and financial fundamentals. Before going through the main highlights of the year, I would like to pay a special tribute to Klépierre's team, all my

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