Scentre Group Announced 1Q Update

May 11, 2020 12:36 PM AEST
Team Kalkine

Scentre Group (ASX:SCG) notified the market about its operational update for March 2020 Quarter.

Key highlights.

SCG introduced a new drive-through, Westfield Direct at all its Westfield Living centres in April 2020. Westfield Direct is an easy and safe solution with a click and collect service.
For January and February, the customer visitation grew by 1.9 per cent on pcp basis and decrease by 39 per cent during March and April.
Scentre maintains its credit rating (which is “A” grade) by Fitch, S&P and Moody’s.
SCG has cancelled its interim distribution for the half year ending 30 June 2020.

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