Carmila 2022 annual results

“Carmila’s new strategic plan, “Building Sustainable Growth”, got off to a successful start, meeting its initial objectives ahead of schedule. The year also saw a strong rebound in trading after the health crisis, with retailer sales higher than in 2019.

Carmila has launched an asset rotation strategy, with the sale of 11 assets in France and Spain, in line with appraisal values, confirming the liquidity and value of its assets. Carmila’s shopping centres are anchored in their local communities and benefit from the powerful draw of Carrefour hypermarkets. Their ongoing transformation is driven by a fully omnichannel strategy, which is helping to shift the merchandise mix towards innovative new concepts.”

Marie Cheval, Chair and Chief Executive Officer of Carmila